In Most Cases,an Intermodal Bill of Lading

question 35

Multiple Choice

In most cases,an intermodal bill of lading

• A) is illegal.
• B) is an Incoterm
• C) is a straight bill of lading.
• D) is regulated by the International Maritime Dangerous Goods Code.
• E) None of the above

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Definitions:

Fraud In The Factum

A liability defense available to a party who signs a negotiable instrument without knowing that it is a negotiable instrument.

Real Defense

A liability defense that applies universally to all parties.

Drawee

The person or entity upon whom a check or draft is drawn and is responsible for paying the amount specified.

Presentment

The formal presentation of a financial instrument, such as a check or draft, for payment or acceptance.