If an exporter provides goods to an importer,but the exporter retains title to those goods until they are sold even though the goods are in the possession of the importer,the transaction is identified as a(n):

Question

Quizplus · Accepted Answer

This transaction is identified as a consignment, where the exporter retains the legal title to the goods until they are sold by the importer. The importer acts as the seller's agent, and the exporter bears the risk and expenses associated with the goods until they are sold.

If an Exporter Provides Goods to an Importer,but the Exporter