A Draft That Is Accompanied by an Order Bill of Lading

question 79

Multiple Choice

A draft that is accompanied by an order bill of lading and other documents is called a(n)

• A) bill of exchange.
• B) sight draft.
• C) time draft.
• D) documentary draft.

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Definitions:

Unforeseeable Consequences

Outcomes that could not have been predicted or expected based on the information available at the time of decision or action.

Superseding Causes

Events that occur after a defendant's negligent act, breaking the chain of causation and relieving the defendant of liability.

Comparative Negligence

A legal doctrine under which a plaintiff's damages are reduced by a percentage equal to their degree of fault in causing their injury.

Strict Liability

A legal doctrine holding individuals or entities responsible for damages or injuries caused by their actions or products, regardless of negligence or intent.