TRANSPORT DOCUMENTS Introduction: The main transport documents used in international trade is the bill of lading
There are four functions of a bill of lading: 1
Acting as a receipt for the goods from the shipping company to the exporter
Being evidence of the contract of carriage between the exporter and the carrier
Being a quasi negotiable documents
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Acting as a document of title for goods being shipped overseas
Original bills of lading are usually issued in sets of two or three and the number of originals will be indicated on the bill of lading
Shipping companies often issue unsigned copies of the bill of lading for record purpose
These unsigned copies are not documents of title
There are different types of bills of lading:• Combined transport bi