A fundamental agreement that pertains to domestic shipments, predominantly transported through land-based transportation methods. This type of contract outlines the terms and conditions related to the movement of goods within a specific country. It serves as a crucial document for businesses involved in the transportation of goods, as it provides a legal framework for the transaction and helps mitigate potential risks. Understanding the basics of this contract is essential for anyone interested in the field of finance, especially in the realm of transportation and logistics.
