Final answer:
The term for shipping papers on transportation vehicles is a Bill of Lading, a crucial document that acts as both a receipt and a legally binding contract between the shipper and the carrier.
Step-by-step explanation:
The term for shipping papers carried on road and highway transportation vehicles is Bill of Lading. This document is essential as it serves as a receipt for the goods that are being transported, as well as a contract between the shipper and the carrier. For example, on a cargo ship traveling from Shanghai to Los Angeles, a Bill of Lading would detail the contents of each shipping container and serve as a legally binding document to ensure the correct delivery and handling of the cargo.