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== | ||
| + | <references/> | ||
| + | [[Category:Shipping Terms]] | ||
Revision as of 01:40, September 6, 2011
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]