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Bills of lading are of two types:

A. invalidated and validated
B. endorsed and unendorsed
C. to order and straight
D. confirmed and unconfirmed
E. documented and undocumented

User Mrana
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1 Answer

3 votes

Final answer:

The types of bills of lading are c)to order (negotiable) and straight (non-negotiable). A to order bill allows for the transfer of ownership by endorsement, whereas a straight bill is consigned to a specific party and cannot be transferred.

Step-by-step explanation:

Bills of lading are important documents used in the shipping industry to acknowledge the receipt of cargo for shipment. There are indeed different types of bills of lading, and the correct answer to the student's question is C. to order and straight. A to order bill of lading, also known as a negotiable bill of lading, can be transferred to a third party and is typically used in international trade. It allows for the transfer of ownership of the goods listed in the bill of lading simply by endorsing the back of the document. On the other hand, a straight bill of lading, or a non-negotiable bill of lading, is consigned directly to a specified party and cannot be transferred to anyone else; the goods can only be delivered to the consignee named on it.

User LennonR
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