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Ocean bills of lading, air waybills and rail waybills are property documents presenting title to cargoes, so they are all negotiable.
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In a DAP contract,“time of shipment” can be used interchangeably with “time of delivery”.
Since straight B/L bears higher risk than the blank B/L, it is rarely used in international transportation.
A clean B/L is issued by the seller to the buyer to certify that the goods delivered are in apparent good condition.
In international trade practice, the time of shipment is actually the time of delivery.
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