A bank may inform the purchaser of goods that the account has been assigned to the bank, and payments are made directly to the bank, which credits them to the borrower's account. This is called:

Question

Quizplus · Accepted Answer

The Answer of A bank may inform the purchaser of goods that the account has been assigned to the bank, and payments are made directly to the bank, which credits them to the borrower's account. This is called:

A Bank May Inform the Purchaser of Goods That the Account