When a Bill of Lading Is Used to Obtain Payment

question 36

Multiple Choice

When a bill of lading is used to obtain payment or a written promise of payment before the merchandise is released to the importer, it serves as a

• A) document of title.
• B) contract.
• C) receipt.
• D) time draft.
• E) collateral.

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Definitions:

Feature Control Frame

A border or structure in technical drawings that contains symbols and specifications to describe the geometric tolerances for controlling the form, orientation, location, and profile of a feature.

Profile Of A Line

A detailed description or measurement of the variation or deviations of a line from its nominal shape on a surface.

Tolerance Zone

An area defined by upper and lower limits in which a part feature's dimension or location must lie to be accepted during manufacturing.

Two Dimensional

Pertaining to or occurring on a plane, involving width and height but not depth, typically used in reference to shapes, designs, or drawings.