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WAEC Commerce 2000 Question 49

Question 49

Transport

Which of the following is an agreement to transport goods but not a document of title?

  1. A.Air-way bill
  2. B.Bill of lading
  3. C.Charter party
  4. D.Freight note
Show the answer and explanation

Answer: C (Charter party)

Explanation

A charter party is the contract to hire a ship; unlike a bill of lading it does not give ownership of the goods.