Question 2856 Deck General

70% to pass

Which is a negotiable document?

A Bill of Lading
B Cargo Manifest
C Export Declaration
D Receiving Report
AI Explanation

The correct answer is A) Bill of Lading. A bill of lading is a negotiable document, meaning it can be bought, sold, or traded. It serves as a receipt for goods received by a carrier, a contract for the transportation of those goods, and a document of title. This negotiable nature allows the holder of the bill of lading to control the disposition of the goods. The other options are not negotiable documents. A cargo manifest is a non-negotiable record of the goods being transported. An export declaration is a government document required for the export of goods. A receiving report is a non-negotiable document that acknowledges the receipt of goods.

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