The risk to the exporter in open account trading is that by surrendering the shipping documents to the importer, he（　　）before he has obtained payment for them.

A．is in control of the goods　

B．loses control of the goods

C．retains control of the goods

D．gives up control of the goods

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1 A foul transport document is one which bears clause or notation which expressively declares a defective condition of the（　　）.

A．vessel

B．B/L itself

C．shipment

D．voyage

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A．Beneficiary; applicant 　　

B．Seller; buyer

C．Buyer; seller 　　

D．Exporter; exporter

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3 To whom is an endorser liable if the bill of exchange is dishonored?（　　）

A．a subsequent endorser or holder　

B．the drawer

C．the payee

D．a previous endorser

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