Which document is a transport document for water-borne freight that serves as the contract of carriage and contains terms and charges?

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Multiple Choice

Which document is a transport document for water-borne freight that serves as the contract of carriage and contains terms and charges?

Explanation:
The main idea is maritime transport uses a Bill of Lading. This document is issued by the carrier to the shipper as proof of the contract to move the goods by sea, and it also serves as a receipt for the cargo. It often functions as a document of title to the goods, meaning ownership can be transferred by endorsement. Crucially, it records the terms and charges of the carriage—freight rate and payment terms, routing, vessel and voyage, loading and discharge ports, and a description of the goods (quantity, packaging, etc.). That combination of contract evidence, payment terms, and details about the voyage makes the Bill of Lading the correct document for water-borne freight. By contrast, an Air Waybill is used for air shipments and doesn’t serve as the water transport document, and the other terms listed aren’t transport documents for maritime trade.

The main idea is maritime transport uses a Bill of Lading. This document is issued by the carrier to the shipper as proof of the contract to move the goods by sea, and it also serves as a receipt for the cargo. It often functions as a document of title to the goods, meaning ownership can be transferred by endorsement. Crucially, it records the terms and charges of the carriage—freight rate and payment terms, routing, vessel and voyage, loading and discharge ports, and a description of the goods (quantity, packaging, etc.). That combination of contract evidence, payment terms, and details about the voyage makes the Bill of Lading the correct document for water-borne freight. By contrast, an Air Waybill is used for air shipments and doesn’t serve as the water transport document, and the other terms listed aren’t transport documents for maritime trade.

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