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WAEC Commerce 2024 Question 44

Question 44

Foreign Trade Documents

A document issued by the captain of a ship to acknowledge receipt of goods is a

  1. A.dock receipt.
  2. B.bill of lading.
  3. C.mate's receipt.
  4. D.ship's manifest.
Show the answer and explanation

Answer: B (bill of lading.)

Explanation

The bill of lading is signed by the ship's master (or agent) as a receipt for goods shipped and as a document of title.