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Ask the Tutor ACCA LW

Bill of lading

KKrrish3y ago
Sir if a seller issues a non negotiable bill of lading then the buyer can get goods without bill of lading Right?? Since non negotiable bill of lading is not a document of title
MikeLittleMikeLittleTutor3y ago#1
Agreed - a non-negotiable bill of lading is NOT a document of title. But just because it's not necessary to produce a non-negotiable bill of lading to establish title, I cannot imagine a carrier handing over goods to a claimant buyer without there being some requirement of proof of entitlement. OK?
KKrrish3y ago#2
Okay sir so We can agree that bill of lading is required by buyer to get the goods released
MikeLittleMikeLittleTutor3y ago#3
We can agree that SOME form of identification is required. Krrish, much as I admire your thoroughness in these studies, I really do not wish to spend substantial parts of my daily life answering your "what-if" questions Today, I've had enough. No doubt I shall have a raft of questions to enlighten my day tomorrow but no more from me today.
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