Supply Chain Management Professional (SCMP) · Question
What is the primary function of a 'bill of lading' in logistics?
A bill of lading is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of goods being shipped.
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Question: What is the primary function of a 'bill of lading' in logistics?
Answer options: ✅ It serves as a contract between the shipper and the carrier, and a receipt for goods.
- It provides a detailed list of all items within a shipment for customs.
- It is a financial document used to request payment from the buyer.
- It guarantees the delivery date of a shipment.
Correct answer: It serves as a contract between the shipper and the carrier, and a receipt for goods.
Explanation: A bill of lading is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of goods being shipped.
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