Which type of document serves as proof of ownership and is often used in shipping transactions?

The bill of lading is a crucial document in shipping transactions as it serves multiple key functions, one of which is proof of ownership of the goods being shipped. When a bill of lading is issued, it not only acts as a receipt confirming that the carrier has received the goods but also signifies that the carrier agrees to transport them to the specified destination. Moreover, it provides the holder with the legal title to the goods specified within it.

This document can be transferable, meaning that ownership of the goods can be transferred by endorsing the bill of lading. This aspect makes it vital in international trade, where multiple parties might handle the goods before they reach the final recipient. Additionally, when it comes to claiming the goods at the destination port, presenting the bill of lading is generally required, further solidifying its role as proof of ownership.

In contrast, other documents listed serve different purposes: the certificate of origin verifies the country of manufacture; the invoice details the items sold and their prices; while the delivery order provides instructions on how the carrier should deliver specific goods, but does not serve as evidence of ownership. Thus, the bill of lading stands out as the document primarily associated with proof of ownership in shipping contexts.