The Purpose of the Bill of Lading Is To

question 61

Multiple Choice

The purpose of the bill of lading is to:

• A) Transfer title of the goods to the freight forwarder.
• B) Prevent shipping delays.
• C) Enable the seller to transfer title of the goods to the buyer and receive payment.
• D) None of the above.

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Definitions:

Salesperson

An individual who sells goods and services to others in exchange for money or other compensation.

Chamber of Commerce

A local or national organization of business owners and professionals aiming to promote and protect the interests of its members.

Census Data

Demographic information collected by a government systematically enumerating its population at a specific point in time, often used for research, planning, and policy making.

Trade Shows

Major events attended by buyers who choose to be exposed to products and services offered by potential suppliers in an industry.