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URL https://www.scholarsglobe.com/2022/06/winson-oil.html
Description In terms of trade financing, bills of lading are important. It is typical for banks to need the bills of lading as a guarantee for the financing provided to their clients to acquire the commodities because they serve as proof of ownership of the items. Case law has typically affirmed the financing bank’s authority to claim its security in the face of a failing customer and to demand the delivery of the commodities to which the bill of lading refers, with the exception of unique or extreme situations.
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Add Time 2021-08-26 04:52:43
Category Arts / Architecture / History