Which of the following document is prepared by the exporter and includes details of the cargo in terms of the shippers name, the number of packages, the shipping bill, port of destination, name of the vehicle carrying the cargo?
(a) Shipping bill
(b) Packaging list
(c) Mate's receipt
(d) Bill of exchange
Which of the following document is prepared by the exporter and includes details of the cargo in terms of the shippers name, the number of packages, the shipping bill, port of destination, name of the vehicle carrying the cargo?
(a) Shipping bill
(b) Packaging list
(c) Mate's receipt
(d) Bill of exchange
A shipping bill contains information such as the name of the vessel, the port at which the goods are to be discharged, the country of final destination and the exporter’s name and address. It is on the basis of this document that customs grants clearance to the export. On the other hand, a packaging list contains information about the goods packed. A mate’s receipt is issued to the exporter as evidence that the cargo has been loaded on the ship. A bill of exchange indicates the amount that the importer needs to pay the bearer of the bill.
Hence, the correct answer is option (a).
A shipping bill contains information such as the name of the vessel, the port at which the goods are to be discharged, the country of final destination and the exporter’s name and address. It is on the basis of this document that customs grants clearance to the export. On the other hand, a packaging list contains information about the goods packed. A mate’s receipt is issued to the exporter as evidence that the cargo has been loaded on the ship. A bill of exchange indicates the amount that the importer needs to pay the bearer of the bill.
Hence, the correct answer is option (a).
