BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
“Claused Bill of Landing” is one which indicates:
A
Remaining constant in project cost
B
Decrease in Project Cost
C
Escalation in Project Cost
D
None of the above
Explanation: 

Detailed explanation-1: -A claused bill of lading is a type of bill of lading that shows that the bill of lading did not provide delivery as stated in the contract. A bill of lading is a legal document that tracks a shipment from start to finish. A claused bill of lading would indicate that the delivery included a shortfall or damaged goods.

Detailed explanation-2: -In terms of quality of goods, a clean bill of lading shows that the outer packaging of the goods was in good condition when the carrier received it. On the other hand, the clause bill of lading clearly indicates that the goods are not in the expected condition.

Detailed explanation-3: -What Is a Clean Bill of Lading? A clean bill of lading is a document that declares there was no damage to or loss of goods during shipment. The clean bill of lading is issued by the product carrier after thoroughly inspecting all packages for any damage, missing quantities, or deviations in quality.

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