ABSTRACT
A the bill of lading is a document of the utmost importance within the context of international commercial sales. A bill of lading is a document of crucial importance within the context of contracts concluded on shipment terms. The bill of lading is a document issued by a carrier which details a shipment of merchandise and gives title of that shipment to a specified party. In its apparent simplicity, a bill of lading performs functions of immense relevance for contracts concluded on shipment terms. The bill of lading therefore plays a crucial role as evidence of the condition of the goods shipped on board. The essence of contracts concluded on shipment terms revolves around the obligation of the seller to ship the goods on board a designated vessel in conformity with the specifications originally agreed in the sales contract. The bill of lading represents a crucial document for a buyer in possession of damaged or short delivered goods.
