Vikas Gupta (CHARTERED ACCOUNTANT) (16295 Points)
21 September 2011
PLZ ANYONE HELP ME BY ANSWERING THE BELOW QUESTIONS
Briefly comment on the following statements:
Tank containers are used for dry bulk cargo
Overseas cargo is handled at major ports only
Bill of lading is a negotiable instrument in the commercial sense
PLZ HELP ITS VERY URGENT
THANKS IN ADVANCE
Vikas Gupta
(CHARTERED ACCOUNTANT)
(16295 Points)
Replied 21 September 2011
YA PLZ GIVE ME ANY LINK FROM WHICH I CAN GET THIS ANSWER..PLZ
* Krishna *
(CA Student)
(6149 Points)
Replied 21 September 2011
Bill Of Lading
A bill of lading is issued when goods are delivered for carriage to a general ship, which offers to carry them. The position of the owner of a general ship is that of a common carrier. A bill of lading may be used even when a ship is chartered. A bill of lading acknowledges the receipt of goods is a document of title to the goods and is also a contract of carriage of goods.
A bill of lading, as a document of title to the goods, can be transferred to another person by endorsement and delivery. This characteristic of a bill of lading resembles that of a negotiable instrument, but in the strict legal and technical sense it is not a negotiable instrument. It may be said that it is negotiable only in the popular sense. (source: tax4india.com)
* Krishna *
(CA Student)
(6149 Points)
Replied 21 September 2011
* Krishna *
(CA Student)
(6149 Points)
Replied 21 September 2011
@ 1: www.ijimt.org/papers/142-M563.pdf
Take relevant points that focus on foreign investments in India and take some examples showing that India has liberalised the rules for foreign investments, which makes India as one of the semi-preferred destination option for foreign investors.
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