APICS Certified in Logistics, Transportation and Distribution (CLTD) — Question 117
A document that serves as a contract, a receipt, and a certificate of title in an international transaction is known as a:
Answer options
- A. certificate of origin
- B. manifest
- C. packing list
- D. bill of lading (B\L)
Correct answer: D
Explanation
The bill of lading (B/L) is the correct answer as it acts as a contract between the shipper and the carrier, a receipt for the goods, and a document of title. The other options, such as the certificate of origin, manifest, and packing list, do not fulfill all three roles in an international transaction.