A Bill of Lading Is a Document That Is Issued

question 34

Multiple Choice

A bill of lading is a document that is issued by a person engaged in the business of transporting goods that verifies what?

• A) Receipt of the goods for shipment.
• B) That the goods are insured.
• C) That the goods are properly marked for shipping.
• D) That the bank has released the goods to ship.
• E) That customs forms are completed.

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Definitions:

Expense Of Business

Costs incurred in the operation of a business, including costs of goods sold, overhead, payroll, and other operating expenses.

Debt Ratio

The Debt Ratio is a financial metric that compares a company's total liabilities to its total assets, showing the proportion of a company's assets financed by debt.