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The relationship between consignor and consignee?

The relationship between the Consignor and the Consignee is that of a principal and agent.


What is a consignee?

What is a consignee? A consignee is the person to whom goods are shipped. A consignee is the person who is assigned to accept or receive the goods. A consignee is also a person who is assigned to hold goods for delivery or sale by another agent or party.


When good consigned are sold by the consignee the account to be dedited by the consignee is?

consignee a/c dr. to sales


What kind of information is needed on a Commercial Invoice?

Commercial invoices have got many information contained. To name a few, one could mention the name of exporter, consignee, intermediate consignee, forwarding agent, country of origin and date of export.


What is the definition of consignee?

Consignee is the person to whom a shipment is to be delivered.


What are principle of clearing and forwarding?

1.The agent obtains all relevant documents required to import or export goods from the consignee or consignor respectively. 2.the agent selects the type of mode of transport on behalf of the consignor or consignee. The agent consolidate good if any consolidation needed.


What is the working of consignee agent in pharma industry?

In the pharmaceutical industry, a consignee agent plays a crucial role in receiving, storing, and distributing pharmaceutical products on behalf of manufacturers or suppliers. They ensure compliance with regulations, manage inventory, handle documentation, and facilitate the timely delivery of medicines to wholesalers, pharmacies, or healthcare facilities while maintaining product integrity and safety.


What are the duties of a real estate agent?

When an agent is hired to represent his/her client an agency relationship is formed whereby the agent owes the client fiduciary duties, that include, loyalty, obedience and confidentiality.


What are the main duties responsibilities of a business development officer?

. State your understanding of your main duties and responsibilities. . State your understanding of your main duties and responsibilities.


What is mean by consignee in logistic?

consignee in logistic is the person who take the final dealing


Duties of an agent to his principal?

An agent owes fiduciary duties of loyalty, good faith, and fair dealing. An agent has to always prioritize the best interests of the principal, and must never act beyond his/her authority.


What does the CID mean on a bill of lading?

The consignee I D Number applied by the consignee to the shipmant