Which of the following is an agreement to transport goods but not a document of title?

Assessment: WAEC SSCE - Commerce - 2000 (Objective) Subject: Commerce

Question 1 Report

Which of the following is an agreement to transport goods but not a document of title?
Answer Details
The agreement to transport goods is a contract between the shipper and the carrier which sets out the terms and conditions of transportation. It is not a document of title that can be used to claim ownership of the goods. Among the options given, the agreement that is not a document of title is a "charter party." A charter party is a contract between a shipowner and a charterer for the hire of a vessel to transport goods or passengers. The charter party does not give the charterer any ownership or control over the vessel or the goods being transported.

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