Multiple choice

Which of the following documents are of title to goods?

(a) bill of lading (b) warehouse receipt (c) delivery order (d) airway bill

  1. (a) to (d) all

  2. (a) to (c) only

  3. (a), (c) and (d) only

  4. (b), (c) and (d) only

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Bill of lading - a detailed list of a ship's cargo in the form of a receipt given by the master of the ship to the person consigning the goods. A warehouse receipt is a document that provides proof of ownership of commodities (e.g. bars of copper) that are stored in a warehouse, vault, or depository for safekeeping. A Delivery Order (abbreviated D/O) is a document from a Consignee, or an owner or his agent of freight Carrier which orders the release of the transportation of cargo to another party.

An airway bill (AWB) or air consignment note is a receipt issued by an international airline for goods and an evidence of the contract of carriage, but it is not a document of title to the goods. Hence, the airway bill is non-negotiable.