Now we also have a second kind of a bill of lading there basically are two types that would show that the common carrier has received the merchandise one we call a straight bill of lading and as you see is a receipt that is not negotiable the other opposite is a decline an order bill of lading it's a receipt that is negotiable so we need to know listen to what some ago shovel means does that mean we're talking about haggling about the price of something well that is of course one definition of negotiable and negotiated I am negotiable but in the context context of sales of personal property negotiable means transferable if I had a dollar bill and I wanted to buy a candy bar I would negotiate I would take that negotiable instrument which is a dollar bill and give that to somebody and then accept that as as payment so we would negotiate I transfer the bill they would accept that as opposed to negotiating about the price so a straight bill of lading is not something that you can take that piece of paper and transfer to someone else as proof of the transfer of ownership or as an order Bill of Lading is it is negotiable it is proof of title and can be used to transfer the title from one person to another and it is covered this this whole topic of this order until oblivion is covered by article 7 of the UCC the Uniform Commercial Code so if I have an order Bill of Lading as opposed to just a straight bill of lading I can take that bill of lading and sell it I can get money for it and I hand that lady that order Bill of...
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Bill Of Lading meaning in hindi Form: What You Should Know
Bill of lading Meaning in Hindi — YouTube The Bill of lading in the form of a check card on a carrier's desk has the following meaning : The bill of lading, (or the bill of lading order), is prepared by a consignee for payment by a carrier or for shipment in its container after the carrier has received the necessary documents for issuance of the cargo authorization. The bill of lading must be issued no later than thirty days after the shipment from the consignee to the carrier. The bill of lading is the means by which the carrier is required to acknowledge receipt of a shipment of goods. The bill of lading is based on the receipt of shipment of the goods by the carrier and the bill of lading order or receipt for goods, if applicable, are filed with the Customs authorities within thirty days after the shipment has left the consignee's premises. The consignee may also claim the benefit of the bill of lading and the carrier of the shipment of goods can also claim as an indemnity for the bill of lading. There are two types of bill of lading: The first type of bill of lading, is the bill of lading order. The bill of lading order forms the basis for the issuance of the cargo authorization by the carrier. The container number, consignee's name of the consignee, the consignee's address, the description of the goods and the amount to be held by the carrier are contained in the bill of lading order. The second type of bill of lading orders are the freight bills of lading, which have been used to transfer freight by either of two methods. The first method, is in an express bill. These bills are used to pay for shipping freight from one consignor to another. The consignor then pays the carrier for freight held by that consignor up to the cargo authorization. This freight bill of lading is issued on behalf of the carrier for the first consignor. From the second consignor, the carrier issues a freight bill of lading, for the freight to be held by the carrier. These freight bill of lading are issued on behalf of the carrier for the second consignor. The freight bill or charge for the goods transferred, should be stated in the bill of lading order.
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