Question

What character does the Bill of Lading have according to the Bill of Lading Act, 1885?

a.

Legal document

b.

Evidence of the contract of carriage of goods, receipt of goods, and a document of title

c.

Acknowledgment of payment

d.

Proof of insurance coverage

Posted under IC 14 Regulations of Insurance Business

Answer: (b).Evidence of the contract of carriage of goods, receipt of goods, and a document of title Explanation:The Bill of Lading Act, 1885, defines the character of the Bill of Lading as evidence of the contract of carriage of goods between the ship owner and the shipper, acknowledgment of the receipt of goods on board the vessel, and a document of title.

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Q. What character does the Bill of Lading have according to the Bill of Lading Act, 1885?
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