The _____ Describes the Origin of the Shipment, Provides Specific

question 59

Multiple Choice

The _____ describes the origin of the shipment, provides specific directions for the carrier, delineates the transportation contract terms, and functions as a receipt for the shipment.

• A)bill of lading
• B)implied warranty of transportation
• C)freight bill
• D)acknowledgment
• E)implied warranty of merchantability

---

Definitions:

British Pounds

The official currency of the United Kingdom, which is also known as Sterling.

Floating Exchange Rate

An exchange rate determined by the demand for and the supply of a nation’s currency.

Gold Standard

A monetary system where a country's currency or paper money has a value directly linked to gold; countries committed to convert paper money into a fixed amount of gold upon request.

Gold Exchange Standard

A monetary system in which countries peg their currencies to a specific amount of gold but may also hold foreign currencies in reserves.