ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Transport documents used in International Trade are:
A
Import Licence
B
Bill of lading
C
Airway bill
D
All of the above
Explanation: 

Detailed explanation-1: -Bill of Lading. This is a transport document, which represents the movement of goods by water. Airway Bill. Postal Receipt. Courier / Expected Delivery Service. Multimodal Transport Document.

Detailed explanation-2: -There are three important documents which are normally involved in the foreign trade. The three documents are bill of exchange, bill of lading and letter of credit. Documentation in foreign trade is designed in such a way to ensure that the exporter will receive payment and the importer will receive the merchandise.

Detailed explanation-3: -Transportation document (TD) means any executed document for transportation service, such as a bill of lading, a tariff, a tender, a contract, a Government Transportation Request (GTR), invoices, paid invoices, any transportation bills, or other equivalent documents, including electronic documents.

Detailed explanation-4: -Proforma Invoice. Commercial Invoice. Packing List. Certificates of Origin. Certificate of Free Sale. Shipper’s Letter of Instruction. Inland Bill of Lading. Ocean Bill of Lading. More items

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