WAEC Commerce 2004 Question 18

Question 18

Foreign Trade Documents

Which of the following is regarded as a document of title in foreign trade?

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

Answer: B (bill of lading)

Explanation

The bill of lading is the document of title to goods shipped.