The Most Important Document to the Shipper, the Carrier, and the Buyer

question 53

Multiple Choice

The most important document to the shipper, the carrier, and the buyer is a document that acknowledges receipt of the goods, represents the basic contract between the shipping and the carrier, and serves as evidence of title to the goods for collection by the purchase which is required for export. What is this document called?

• A) Shipping log
• B) Port tally
• C) Bill of lading
• D) Document of authenticity

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Definitions:

Systematic Risk

The risk of loss associated with the entire market or market segment.

Beta

A measure of a stock's volatility in relation to the overall market; a beta above 1 indicates the stock is more volatile than the market.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of values; widely used in finance to measure the volatility of an investment's returns.

Probability Distribution

A mathematical function that provides the probabilities of occurrence of different possible outcomes for an experiment.