When a bill of lading is used to obtain payment or a written promise of payment before the merchandise is released to the importer, it serves as a

When a bill of lading is used to obtain payment or a written promise of payment before the merchandise is released to the importer, it serves as a



A. document of title.


B. contract.


C. receipt.


D. time draft.


E. collateral.



Answer: A. document of title


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