______________ differ from other financial sources in that they buy accounts receivable, meaning that they purchase them without recourse in the case that a person who owes an ac?count receivable does not pay.
A) Angel investors
B) Collection agencies
C) Factors
D) Finance companies

Question

Quizplus · Accepted Answer

Factors specialize in purchasing accounts receivable from businesses and assume the risk of non-payment by the debtor after purchasing the accounts receivable. Angel investors, finance companies, and collection agencies do not typically purchase accounts receivable.

______________ Differ from Other Financial Sources in That They Buy