Straight Bill of Lading

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This bill states that the goods are consigned to a specified person and it is not negotiable free from existing equities, i.e. any endorsee acquires no better rights than those held by the endorsor. So, for example, if the carrier or another holds a lien over the goods as security for unpaid debts, the endorsee is bound by the lien although, if the endorsor wrongfully failed to disclose the charge, the endorsee will have a right to claim damages for failing to transfer an unencumbered title. 

Also known as a non-negotiable bill of lading.

Samples

 B.W

michaelhoan 

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Terms and conditions

Samples 

Bill of lading
Straight bill of lading
Order bill of lading
Bearer bill of lading
Surrender bill of lading
Air waybill

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