What is the difference between a clean bill of lading and a foul bill of lading?
What will be an ideal response?
A clean bill of lading indicates that the carrier believes the merchandise was received in good condition. This evaluation is based only on an external visual inspection of the merchandise. The carrier is not responsible for conducting a formal evaluation of the condition of the merchandise. In contrast, a foul bill of lading indicates that the carrier's initial inspection of the merchandise uncovered some damage that occurred before the goods were received by the carrier for shipment. Foul bills of lading are typically not negotiable because no one knows the extent of the damage to the merchandise.
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What are the choices available to companies when setting prices to avoid price escalation problems?
What will be an ideal response?
In the ________ stage of the retail life cycle, the retailer often is an aggressive entrepreneur who takes a unique approach to doing business by creating a differential advantage, such as competing on the basis of low price, offering a distinctive
assortment, or using a different way to distribute products. A) expansion B) introduction C) extension D) maturity E) growth