LawnTrim Inc. is in need of working capital. It sold at a discount its account receivables to a factor -without recourse. LawnTrim is using a form of
A) fidelity insurance.
B) credit insurance.
C) liability insurance.
D) creditor guarantee.
E) customer service.
Correct Answer:
Verified
Q3: Property insurance is not assignable without
A) promise
Q4: Co- insurance is a technique used by
Q5: Larson had a fire last month in
Q6: This means the insurance company can actively
Q7: Simon purchased for cash a used boat
Q9: When the parties agree to a change
Q10: Comprehensive general accident insurance for business is
Q11: Which is NOT one of the four
Q12: Contracts of insurance are enforceable because
A) they
Q13: Regarding property insurance,
A) the offer is not
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