Difference between revisions of "Acquiescence"

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'''Acquiescence''' is a term used in shipping when a [[bill of lading]] is accepted or signed by a shipper or shipper's agent without protest. In these circumstances, the shipper is said to ''acquiesce'' to the terms, giving a silent form of [[consent]].<ref>U.S. Department of Transportation Maritime Administration [http://www.marad.dot.gov/publications/glossary/glossary.html]</ref>
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==References==
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[[Category:Shipping Terms]]

Revision as of 17:12, January 24, 2010

Acquiescence is a term used in shipping when a bill of lading is accepted or signed by a shipper or shipper's agent without protest. In these circumstances, the shipper is said to acquiesce to the terms, giving a silent form of consent.[1]

References

  1. ↑ U.S. Department of Transportation Maritime Administration [1]