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Question 52

A document that serves as a contract, a receipt, and a certificate of title in an international transaction is known as a:

    Correct Answer: D

    In international transactions, the bill of lading (B/L) serves as a contract between the shipper and carrier, a receipt for the goods being transported, and a document of title that can be transferred to others. It is crucial for the conveyance and legal transfer of ownership of the goods involved in the transaction.

Discussion
bawapetergomesOption: D

Bill of Lading