Which statement best describes a Sea Waybill in relation to a Bill of Lading?

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Multiple Choice

Which statement best describes a Sea Waybill in relation to a Bill of Lading?

Explanation:
A Sea Waybill serves as evidence of the contract of carriage and as a receipt for the goods, but it is not a document of title and cannot normally transfer ownership. That distinction matters because a bill of lading can be a document of title; when it is negotiable, title to the goods can pass by endorsement or delivery of the document. With a Sea Waybill, delivery is typically to a named consignee without transferring title through the document itself, which is why it’s non‑negotiable. Insurance for the cargo is not automatically included in a Sea Waybill and would be a separate arrangement. So this statement correctly highlights that a Sea Waybill is not a document of title and cannot normally transfer title, unlike a bill of lading.

A Sea Waybill serves as evidence of the contract of carriage and as a receipt for the goods, but it is not a document of title and cannot normally transfer ownership. That distinction matters because a bill of lading can be a document of title; when it is negotiable, title to the goods can pass by endorsement or delivery of the document. With a Sea Waybill, delivery is typically to a named consignee without transferring title through the document itself, which is why it’s non‑negotiable. Insurance for the cargo is not automatically included in a Sea Waybill and would be a separate arrangement. So this statement correctly highlights that a Sea Waybill is not a document of title and cannot normally transfer title, unlike a bill of lading.

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