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| FAQ |
| Question |
What is a Bill of Lading ? |
| Answer |
A Bill of Lading (B/L) serves three separate important functions:
1. A B/L is a receipt for a consignment; the shipping company or carrier
certifies that it has received the goods mentioned in the B/L for
transportation to the specified destination
2. A B/L is evidence of a contract between shipper and shipping company for
the transportation of the goods mentioned in the B/L
3. A B/L is a title deed, i.e., it is a document which proves ownership of the
goods mentioned in the B/L |
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