The document issued by a port authority for goods deposited is a

Assessment: JAMB UTME - Commerce - 2014 Subject: Commerce

Question 1 Report

The document issued by a port authority for goods deposited is a
Answer Details
The correct answer is bill of lading. A bill of lading is a document issued by a port authority, shipping company, or carrier. It serves as a receipt for goods that have been loaded onto a ship, and it also acts as a contract of carriage between the shipper and the carrier. The bill of lading lists the details of the shipment, including the type and quantity of goods, the names of the shipper and the recipient, and the terms and conditions of the transportation. In other words, a bill of lading serves as proof of ownership of the goods and ensures that the goods will be transported from one place to another as agreed upon by the parties involved.

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