Which option is a non-negotiable BL?

Which option is a non-negotiable BL?

• A. Endorse with signature
• B. Deliver
• C. Negotiable BL
• D. Non-negotiable BL

Answer: (D)

In shipping, a Bill of Lading can be negotiable or non-negotiable. A non-negotiable BL, often called a straight bill of lading, names a specific consignee and cannot be transferred by endorsement or other title-transfer methods. Goods are released only to that named consignee or their authorized agent, so the document cannot be used to pass ownership to someone else. That’s why the non-negotiable BL is the best answer: it directly identifies the type that is not transferable by endorsement. Endorsing with a signature would make the document negotiable, since endorsement transfers rights. The option describing delivery is just an action, not a type of BL. The negotiable BL represents the other category that does allow transfer of ownership via endorsement.

In shipping, a Bill of Lading can be negotiable or non-negotiable. A non-negotiable BL, often called a straight bill of lading, names a specific consignee and cannot be transferred by endorsement or other title-transfer methods. Goods are released only to that named consignee or their authorized agent, so the document cannot be used to pass ownership to someone else.

That’s why the non-negotiable BL is the best answer: it directly identifies the type that is not transferable by endorsement. Endorsing with a signature would make the document negotiable, since endorsement transfers rights. The option describing delivery is just an action, not a type of BL. The negotiable BL represents the other category that does allow transfer of ownership via endorsement.