Question 6 Which one of the following statements is FALSE about billing of lading? An ordered bill of lading is used when the importer buys on credit The exporter receives a bill of lading from the shipping company upon shipping the order A bill of lading guarantees that the importer will not default on payment A straight bill of lading is used when the importer makes a cash payment A bill of lading serves as a contract that the exporter has shipped goods to specifications