Supply Chain Management Professional (SCMP) · Question
What does a 'bill of lading' primarily serve as?
A bill of lading is a crucial shipping document that serves multiple purposes: contract of carriage, receipt, and document of title.
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Question: What does a 'bill of lading' primarily serve as?
Answer options: ✅ A contract between the shipper and the carrier, a receipt for goods, and a document of title
- A request for payment from the supplier
- An internal inventory transfer document
- A customs declaration form
Correct answer: A contract between the shipper and the carrier, a receipt for goods, and a document of title
Explanation: A bill of lading is a crucial shipping document that serves multiple purposes: contract of carriage, receipt, and document of title.
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