What Is the Difference Between an Order Bill of Lading

question 5

Multiple Choice

What is the difference between an order bill of lading and a straight bill of lading?

• A)An order bill of lading contains a special provision that allows the holder of the bill of lading to direct that the goods covered by the bill of lading be delivered to an alternate destination,while a straight bill of lading does not contain that provision.
• B)An order bill of lading allows the holder of the bill of lading to return the goods covered by the bill of lading to the exporter,while the straight bill of lading does not contain that provision.
• C)An order bill of lading allows for an adjustment to the sale price of the goods covered by the bill of lading while the straight bill of lading does not allow that adjustment.
• D)An order bill of lading transfers title to the goods being shipped to the holder of the order bill of lading,while the straight bill of lading does not transfer title.

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Definitions:

Population Proportion

The fraction or percentage of a population that exhibits a particular trait or characteristic.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter at a given confidence level.

Population Proportion

The fraction of the population that possesses a particular attribute, characteristic, or trait.

Standard Normal Distribution

A probability distribution that has a mean of zero and a standard deviation of one, used in statistical analysis to represent standardized values of a dataset.