Which of the following functions does the factor (lender) purchasing accounts receivable normally perform?
A)Credit checking.
B)Lending.
C)Risk bearing.
D)All of the above.
E)None of the above.

Question

Quizplus · Accepted Answer

The factor (lender) purchasing accounts receivable normally performs all of the mentioned functions - credit checking, lending, and risk bearing. They evaluate the creditworthiness of the debtor, provide funding to the seller, and bear the risk of non-payment by the debtor.

Which of the Following Functions Does the Factor (Lender) Purchasing