Question 1) Bill of lading is an important document used In The International trade. Demonstrate your understanding of the Bill of Lading?

Q1 Response guidelines:

• Candidates are required to begin the response by explaining what a Bill of lading is
• He must state the benefits and importance of a bill of lading in global trade.
• Candidates are expected to identify the various types of bills of lading and their applications.
• Candidates must clearly identify some of the various laws, rules, conventions, and acts that govern the usage of a bill of lading