When a Bill of Lading Is Used to Obtain Payment

question 36

Multiple Choice

When a bill of lading is used to obtain payment or a written promise of payment before the merchandise is released to the importer, it serves as a

• A) document of title.
• B) contract.
• C) receipt.
• D) time draft.
• E) collateral.

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Definitions:

Bacteria

Microscopic single-celled organisms that can be found in diverse environments; some cause disease while others are beneficial.

DNA Replication

The biological process of producing two identical replicas of DNA from one original DNA molecule, critical for cell division and growth.

Parental Strand

The original DNA strand that serves as a template for the synthesis of a new complementary strand during DNA replication.

Newly Synthesized Strand

Refers to a fresh sequence of DNA or RNA that has been created during the process of cell replication or transcription.