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LSDefine

Simple English definitions for legal terms

nonnegotiable bill of lading

Read a random definition: chamber of accounts

A quick definition of nonnegotiable bill of lading:

A nonnegotiable bill of lading is a document that acknowledges the receipt of goods by a carrier or shipper's agent and the contract for the transportation of those goods. It specifies a consignee to whom the carrier is obligated to deliver the goods and is not transferable to another party. This type of bill of lading is different from a negotiable bill of lading, which is a document of title that can be transferred to another party.

A more thorough explanation:

A nonnegotiable bill of lading is a document that acknowledges the receipt of goods by a carrier or shipper's agent and the contract for the transportation of those goods. It specifies a consignee to whom the carrier is contractually obligated to deliver the goods. This type of bill of lading is also known as a straight bill of lading.

For example, if a company ships a product to a specific customer, they would use a nonnegotiable bill of lading to ensure that the carrier delivers the goods to the correct recipient. The carrier is obligated to deliver the goods to the specified consignee and cannot transfer the delivery obligation to anyone else.

Nonnegotiable bills of lading are different from negotiable bills of lading, which allow the holder of the document to transfer ownership of the goods to another party. Nonnegotiable bills of lading are not transferable and can only be used by the specified consignee.

nonnegotiable | nonnegotiable document of title

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[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
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