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LP3 Assignment: Bill of Lading This assignment will assess the following competency 2. EVALUATE the process for conducting International sales, credits, and commercial transactions. Directions: WRITE...

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LP3 Assignment: Bill of Lading

This assignment will assess the following competency 2. EVALUATE the process for conducting International sales, credits, and commercial transactions.

Directions: WRITE a XXXXXXXXXXword response on the purpose of a Bill of Lading and its legal significance for the title of goods being shipped. VIEW the case Banque de Depots v. Ferroligas on page 125 of the textbook in addition to researching and citing at least two scholarly journals on this topic from NAU’s Online Library. MAKE SURE to include citations and a reference page.

Submit this assignment to your instructor via the dropbox “LP3 Assignment: Bill of Lading.” This assignment is worth 80 points; grading will be based on the General Writing Rubric, located under "Course Information

Answered Same DayNov 03, 2019

Solution

David answered on Nov 30 2019
63 Votes
The seaways trading have a legacy and share in the development of the modern world as it is seen. Since medieval period, the contractual supply of the goods through ca
iers used by the shippers has been a trend which is still followed. In this context, the Bill of lading is the official document which is the written commitment of the ca
ier with the shipper of goods. It serves the purpose of the title of goods and it is comprised of the Goods Act of 1992, formulated and implemented internationally. The evidences given in favor of the title of goods also fulfill the purpose of the legal interventions, if any to be applied in the process of establishing the contract between the two parties.
Since the time of its foundation, the Bill of Lading has been used as the legal document however, unlike charter party; the Bill of Lading should not be misunderstood as the document of shipping the goods by ca
iers. “he information in the bill of lading is critical as it directs the actions of personnel all along the route of the shipment - where it's...
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