What are the purposes of a bill of lading? Give examples of the ...

[madam-professor]

What are the purposes of a bill of lading? Give examples of the types of clauses which might be included.

Question 2

Sales of goods transactions are subject to a statute of limitations period of:
 A) one (1 ) year.
 B) two (2 ) years.
 C) three (3 ) years.
 D) four (4 ) years.

[Liamb2179]

Answer to Question 1

A bill of lading is the receipt and contract between the carrier and the consignor. Items frequently found on a bill of lading include:
1. Identification of the consignor, consignee, goods being shipped, place of shipment and delivery.

2. Limitations on the carrier's liability to a specified sum or specified percentage of value of the goods being shipped.

3. Exemptions from liability due to specified hazards or to special nature of the goods.

Answer to Question 2

D

[madam-professor]

Gracias!

[jamesnevil303]

Thanks for the timely response, appreciate it