Whether credit can be availed without actual receipt of goods where goods are transferred through transfer of document of title before or during the movement of goods?

The correct answer is: C. Yes, in specific instances.

A document of title is a document that represents or evidences the ownership of goods. It can be used to transfer ownership of goods without the need for physical delivery of the goods. This is known as a documentary sale.

In a documentary sale, the buyer pays the seller for the goods and receives the document of title. The buyer then presents the document of title to the carrier, who releases the goods to the buyer.

Credit can be availed without actual receipt of goods where goods are transferred through transfer of document of title before or during the movement of goods. This is because the document of title represents the ownership of the goods.

However, there are some specific instances where credit cannot be availed without actual receipt of goods. For example, if the goods are perishable or if the buyer is not a reputable company.

In these cases, the seller may require the buyer to provide a letter of credit or some other form of security before the goods are released.

Here are some additional details about each option:

• Option A: Yes. This is the correct answer. Credit can be availed without actual receipt of goods where goods are transferred through transfer of document of title before or during the movement of goods.
• Option B: No. This is not the correct answer. Credit can be availed without actual receipt of goods where goods are transferred through transfer of document of title before or during the movement of goods.
• Option C: Yes, in specific instances. This is the correct answer. Credit can be availed without actual receipt of goods where goods are transferred through transfer of document of title before or during the movement of goods. However, there are some specific instances where credit cannot be availed without actual receipt of goods. For example, if the goods are perishable or if the buyer is not a reputable company.
• Option D: Can be availed only after transfer of document of title after movement of goods. This is not the correct answer. Credit can be availed without actual receipt of goods where goods are transferred through transfer of document of title before or during the movement of goods.