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WAEC Commerce 2007 Question 25

Question 25

Foreign Trade Documents

The content of a bill of lading does not include the

  1. A.name of the shipper
  2. B.date and place of shipment
  3. C.name and destination of the vessel
  4. D.demurrage payable.
Show the answer and explanation

Answer: D (demurrage payable.)

Explanation

Demurrage is a later charge for delay, not part of the bill of lading.