The Difference Between a Straight Bill of Lading and an Order

question 3

Multiple Choice

The difference between a straight bill of lading and an order bill of lading is that:

• A) a straight bill of lading is negotiable while an order bill of lading is nonnegotiable.
• B) a straight bill of lading lists the limitations on the liability of a carrier while an order bill of lading does not.
• C) a straight bill of lading is nonnegotiable while an order bill of lading is negotiable.
• D) an order bill of lading lists the limitations on the liability of a carrier while a straight bill of lading does not.

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Definitions:

Tax-Deferred Retirement Plan

A savings plan that allows individuals to invest money for retirement while deferring taxes on the earnings until withdrawal.

Annual Return

The percentage change in an investment's value over a year, accounting for dividends, interest, and capital gains.

Compounded Monthly

A financial term referring to the process of calculating interest on both the initial principal and the accumulated interest from previous periods on a monthly basis.

Nontraditional Student

An individual who pursues higher education but deviates from the typical college-age demographic, often due to age, employment status, or other personal circumstances.