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Both CMR (road) and CIM (rail) consignment notes share a critical legal characte...

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Both CMR (road) and CIM (rail) consignment notes share a critical legal characteristic. What is it?

Both are documents of title that can be endorsed and traded

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Both are non-negotiable — neither transfers title to the goods

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Both require notarization before the goods can be loaded

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Both replace the commercial invoice for customs purposes

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