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Author Question: What are the purposes of a bill of lading? Give examples of the types of clauses which might be ... (Read 162 times)

madam-professor

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on: Jun 24, 2018
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.


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Liamb2179

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Reply #1 on: Jun 24, 2018
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

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

milbourne11

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Reply 3 on: Yesterday
Excellent

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