Florida Bar Admiralty & Maritime Law Certification Examination

What distinguishes a 'straight' bill of lading from an 'order' bill of lading?

A straight bill is consigned to a named party and is non-negotiable A straight bill allows any bearer to take delivery A straight bill requires payment before release A straight bill is only used in domestic trade

Correct Answer:

A straight bill is consigned to a named party and is non-negotiable

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