In an open account transaction, the exporter ships the goods to the importer but retains title to the goods until they have been sold.

Name: In an open account transaction, the exporter ships the goods to the importer but retains title to the goods until they have been sold.
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In an open account transaction, the exporter ships the goods to the importer, but title to the goods is transferred to the importer upon shipment, not retention by the exporter.

In an Open Account Transaction, the Exporter Ships the Goods