The document of title to goods being shipped abroad is known as

Assessment: WAEC SSCE - Commerce - 2010 (Objective) Subject: Commerce

Question 1 Report

The document of title to goods being shipped abroad is known as

Answer Details
The document of title to goods being shipped abroad is known as the "bill of lading". A bill of lading is a legal document that serves as evidence of the contract of carriage, as well as receipt of goods being transported by sea. It includes important information about the goods being shipped, such as their description, quantity, and destination, and also includes details about the carrier and the terms of the agreement between the shipper and the carrier. The bill of lading is typically issued by the carrier, or their agent, to the shipper or consignor, and is required for the release of the goods at the port of destination. It is an important document for both the shipper and the carrier as it provides a record of the shipment and can be used as evidence in case of any disputes that may arise.

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