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A Straight Bill of Lading Is Negotiable

question 18

True/False

A straight bill of lading is negotiable.


Definitions:

Accept the Offer

The act of agreeing to the terms and conditions of a proposal, such as a contract, thereby creating a binding agreement between the parties involved.

Revoked

To officially cancel or annul an authorization, license, or legal agreement.

Unequivocal

Leaving no doubt; unambiguous or clear in expression or meaning.

Timely Basis

The act of completing or delivering something within an expected or appropriate time frame.

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