A negotiable bill of lading

a. Is one type of commercial paper as defined by the Uniform Commercial Code.

b. Can give certain good faith purchasers greater rights to the bill of lading or the goods than the transferor had.

c. Cannot result in a loss to the owner if lost or stolen, provided prompt notice is given to the carrier in possession of the goods.

d. Does not give the rightful possessor the ownership of the goods.