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WAEC Commerce 2018 Question 25

Question 25

Foreign Trade Documents

A document of title to goods written by the ship owner, specifying that certain goods are being conveyed in the ship is a

  1. A.bill of sale.
  2. B.bill of sight.
  3. C.bill of entry.
  4. D.bill of lading.
Show the answer and explanation

Answer: D (bill of lading.)

Explanation

A bill of lading is issued by the shipowner as a receipt for goods shipped and a document of title to them.