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JAMB Commerce 2014 Question 9

Question 9

Foreign Trade Documents

The document issued by a port authority for goods deposited is a

  1. A.bill of lading.
  2. B.bill of sight.
  3. C.consular invoice.
  4. D.warehouse warrant.
Show the answer and explanation

Answer: D (warehouse warrant.)

Explanation

A warehouse (dock) warrant is the receipt given for goods stored at the port, and it shows who owns them.