Question

estion 17 A bill of lading serves all of the following functions except: swered arked out of Select one: a. Title document Flag question Ob. Evidence that the goods were delivered to a vessel O Valuation for customs purposes d. Carriage contract between the ship owner and shipper

Answer 1

Do rate the answer if you find it satisfactory

..

A bill of lading is a legal document issued by a carrier to a shipper that details the destination of the goods being carried and type, quantity of good. A bill of lading is a document of title, a receipt for shipped goods, and a contract between a carrier and shipper.

So Bill of lading serves three main purposes:

1. it is an acknowledgement that the goods have been loaded
2. it contains or evidences the terms of the contract of carriage
3. it serves as a document of title to the good

So bill of lading does not serves in valuation for custom purposes.