question_answer

Directions The following questions consist of two statements. Statement I and Statement II. You are to examine these two statements carefully and select the answers to these items using the codes given below.

Statement I A bill of lading is a document of title to the goods.

Statement II A bill of lading contains all the terms and conditions agreed upon between the ship owner and the charterer.

Codes

A)                                  Both Statements are correct

B)                     Both Statements .are incorrect

C)                     Statement I is correct, but Statement II is incorrect

D)                     Statement I is incorrect, but Statement II is correct