What is a bill of lading?


The bill of lading is a formal contract between the seller and the shipping company (carrier) to transport the goods to the customer. This document establishes legal ownership and responsibility for assets in transit.

Business

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_______ vertical integration establishes facilities to manufacture inputs used in the production of a firm's final product.

Fill in the blank(s) with the appropriate word(s).

Business

The Commerce Clause is one source of power of the federal government to pass laws

a. True b. False

Business

Petro Refining Corporation makes payments to potential customers, suppliers, and others with whom they might do business, including foreign private companies and the representatives of foreign labor organizations. If Petro knows that these payments will be passed on to a foreign government, this practice is

a. illegal if the payments violate the Foreign Corrupt Practices Act. b. legal if a third party acts as a "go-between.". c. legal if private parties are involved on both sides of the deal. d. legal if the payments are intended to facilitate business.

Business

The covenant of quiet enjoyment ensures that the tenant can have undisturbed possession of the leased property

Indicate whether the statement is true or false

Business