Research Paper For Commercial Law Assignment
1.0 Introduction: Research Paper For Commercial Law Assignment International trade highly depends upon the documentation process for providing support for the goods movements. The “Bills of Lading” are often used as an important document under the entire “International Trading” process. The “Bill of Lading” also provides important information in the entire shipping process and the logistics process, by which the owners can maintain the “carriage contracts” information and prove the status of ownership. It is also identified that the “Bills of Lading” help in the proofing process of the contract. In the past decades, there existed only the paper form of this “Bill of Lading” for which the traders have faced several practical challenges, including fraud, delays, issues, and the rise of higher costs, etc. In recent days, the UK has played a big role in taking the initiative to develop the “modernized documentation process”. This “ Electronic Trade Documentation Act 2023” he...