Final answer:
The statement is false; a bill of lading does not specify the extent of a carrier's insurable interest but serves as a document of title and contract for carriage. A carrier's insurable interest is covered by separate insurance policies.
Step-by-step explanation:
The statement that the extent of the carrier's insurable interest in the shipment would be indicated on the bill of lading issued to the shipper is false. The bill of lading is a document of title that serves as a receipt for the goods and details the contract for carriage, including terms and conditions. However, the carrier's insurable interest in the cargo is not typically specified on the bill of lading. Insurable interest for carriers would usually be dealt with separately through insurance policies detailing the extent of coverage for losses or damages during transport.