The legal role of the bill of lading, sea waybill and multimodal transport document in financing international sales contracts
The legal nature of the bill of lading as a negotiable document of title has allowed it to provide the basis of a system in which bankers provide credit for the financing of international sales contracts on the strength of the security afforded by the goods represented in the bill. The sea waybil...
Main Author: | |
---|---|
Other Authors: | |
Format: | Others |
Published: |
2015
|
Subjects: | |
Online Access: | http://hdl.handle.net/10500/15836 |
id |
ndltd-netd.ac.za-oai-union.ndltd.org-unisa-oai-umkn-dsp01.int.unisa.ac.za-10500-15836 |
---|---|
record_format |
oai_dc |
spelling |
ndltd-netd.ac.za-oai-union.ndltd.org-unisa-oai-umkn-dsp01.int.unisa.ac.za-10500-158362016-04-16T04:08:29Z The legal role of the bill of lading, sea waybill and multimodal transport document in financing international sales contracts Proctor, Carol Booysen, Hercules Transport documents Bill of lading Sea waybill Multimodal transport document Negotiable documents Non-negotiable document Financing international sales contracts Documentary letter of credit Document of title Collateral security 343.96068 Maritime law -- South Africa International trade Bills of lading -- South Africa The legal nature of the bill of lading as a negotiable document of title has allowed it to provide the basis of a system in which bankers provide credit for the financing of international sales contracts on the strength of the security afforded by the goods represented in the bill. The sea waybill has appeared as a substitute for the bill of lading and, despite its nature as a nonnegotiable document, it can be employed in a manner which allows it to provide collateral security to banks. Multimodal transport documents which may be issued in negotiable or non-negotiable form assume the same legal role as the bill oflading or sea waybill respectively. The inclusion of specific articles in the 1993 Revision of the UCP relating to non-negotiable sea waybills and multimodal transport documents affirms their acceptability to banks financing international sales contracts under documentary letters of credit. Law LL.M. 2015-01-23T04:24:07Z 2015-01-23T04:24:07Z 1996-07 Dissertation http://hdl.handle.net/10500/15836 1 online resource (vi, 155 leaves) |
collection |
NDLTD |
format |
Others
|
sources |
NDLTD |
topic |
Transport documents Bill of lading Sea waybill Multimodal transport document Negotiable documents Non-negotiable document Financing international sales contracts Documentary letter of credit Document of title Collateral security 343.96068 Maritime law -- South Africa International trade Bills of lading -- South Africa |
spellingShingle |
Transport documents Bill of lading Sea waybill Multimodal transport document Negotiable documents Non-negotiable document Financing international sales contracts Documentary letter of credit Document of title Collateral security 343.96068 Maritime law -- South Africa International trade Bills of lading -- South Africa Proctor, Carol The legal role of the bill of lading, sea waybill and multimodal transport document in financing international sales contracts |
description |
The legal nature of the bill of lading as a negotiable document of title has allowed it to provide
the basis of a system in which bankers provide credit for the financing of international sales
contracts on the strength of the security afforded by the goods represented in the bill. The sea
waybill has appeared as a substitute for the bill of lading and, despite its nature as a nonnegotiable
document, it can be employed in a manner which allows it to provide collateral security
to banks. Multimodal transport documents which may be issued in negotiable or non-negotiable
form assume the same legal role as the bill oflading or sea waybill respectively. The inclusion of
specific articles in the 1993 Revision of the UCP relating to non-negotiable sea waybills and
multimodal transport documents affirms their acceptability to banks financing international sales
contracts under documentary letters of credit. === Law === LL.M. |
author2 |
Booysen, Hercules |
author_facet |
Booysen, Hercules Proctor, Carol |
author |
Proctor, Carol |
author_sort |
Proctor, Carol |
title |
The legal role of the bill of lading, sea waybill and multimodal transport document in financing international sales contracts |
title_short |
The legal role of the bill of lading, sea waybill and multimodal transport document in financing international sales contracts |
title_full |
The legal role of the bill of lading, sea waybill and multimodal transport document in financing international sales contracts |
title_fullStr |
The legal role of the bill of lading, sea waybill and multimodal transport document in financing international sales contracts |
title_full_unstemmed |
The legal role of the bill of lading, sea waybill and multimodal transport document in financing international sales contracts |
title_sort |
legal role of the bill of lading, sea waybill and multimodal transport document in financing international sales contracts |
publishDate |
2015 |
url |
http://hdl.handle.net/10500/15836 |
work_keys_str_mv |
AT proctorcarol thelegalroleofthebillofladingseawaybillandmultimodaltransportdocumentinfinancinginternationalsalescontracts AT proctorcarol legalroleofthebillofladingseawaybillandmultimodaltransportdocumentinfinancinginternationalsalescontracts |
_version_ |
1718224850459295744 |