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A Finance Company Will Generally Purchase the Accounts Receivable or Lend

Question 42

Multiple Choice

A finance company will generally purchase the accounts receivable or lend small businesses somewhere between ______ percent of the face value of the accounts receivable being factored.


A) 40 and 60
B) 45 and 70
C) 55 and 80
D) 70 and 90

Correct Answer:

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