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Which of the following documents represents title to goods in an export transaction:

a. bill of lading
b. invoice
c. packing list
d. certificate of origin
e. insurance certificates

1 Answer

6 votes

Final answer:

The bill of lading is the document that represents title to goods in an export transaction. It serves as a legal receipt and proof of ownership or title over the goods shipped. Option a.

Step-by-step explanation:

The document that represents title to goods in an export transaction is the bill of lading. This is a legal document issued by a carrier to a shipper, detailing the type, quantity, and destination of the goods being carried. The bill of lading serves as a shipment receipt when the carrier delivers the goods at the predetermined destination.

This document is essential for exporting as it also serves as proof of ownership or title over the goods.

In contrast, an invoice is a document that details the sale transaction and the payment amount required, a packing list describes the contents of the shipment, a certificate of origin certifies where the goods were made, and insurance certificates relate to the insurance coverage of the goods being shipped.

So option a is correct.

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