AIR WAYBILL Definition

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AIR WAYBILL is a bill of lading and contract between the shipper and the airline for delivery of goods to a specified location, and sometimes with specified delivery date/time. Non-negotiable, but serves as receipt from the airline to prove that goods were received.

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LINE MANAGEMENT is the administration of the line functions of an organization; administration of activities contributing directly to the organizations output.

TOTAL LIABILITIES & NET WORTH is the sum of all liability items and Net Worth.

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