Ram of Chennai took a Bill of Lading in the name of Suman of Maldives, but sent it to Tarun, Ram's Agent in Maldives. The goods were destroyed while in sea. Who has to bear the loss of goods?

Ram

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Suman

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Tarun

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All of the above

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Solution

The correct option is A Ram
Ram of Chennai took a Bill of Lading in the name of Suman of Maldives, but sent it to Tarun, Ram's Agent in Maldives. The goods were destroyed while in sea. Ram has to bear the loss of goods since Ram holds the Bill of Lading.

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