Identify the documents highlighted in the following statements: (… - Vidyadip

Question

Identify the documents highlighted in the following statements:
(a) Agreement signed with the shipping company to enable to put goods on the ship.
(b) Document issued by the captain of the ship after loading the goods on the ship.
(c) Assured payment on the strength of a document issued by the importers bank.
(d) Document which authorises the bank to sell the goods in case of dishonour of bill.
(e) Document received in exchange of Mate's Receipt at the shipping affice.

✓

Answer

(a) Shipping order
(b) Mate's Receipt
(c) Letter of credit
(d) Letter of Hypothecation
(e) Bill of Lading

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