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Bill of lading

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Bill of lading

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by MikeLittle.
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  • June 16, 2020 at 9:00 am #573955
    leo10
    Member
    • Topics: 36
    • Replies: 18
    • ☆☆

    Good morning Mike,

    Could you help me clarifying what is the answer to this question:
    “How are bills of lading issued?”
    – From carrier to seller
    – From buyer to carrier
    – From carrier to buyer
    – From seller to carrier.

    I understand bill of lading it is like a receipt issued by the carrier to the shipper to aknowledge they have received the goods. So I would answer from carrier to buyer (which will be responsible for the shipment of the goods)?

    Thank you
    Leo

    June 16, 2020 at 8:03 pm #574011
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    A Bill of Lading is issued by the carrier to the seller and serves as confirmation that the carrier has taken possession of the goods specified in the B of L

    OK?

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