A firm that engages in accounts receivable financing by purchasing accounts and assuming all credit risks.
A) Discounted loan
B) Pledge
C) Factor
D) Secured loan
Correct Answer:
Verified
Q151: The factoring of receivables:
A) typically has the
Q152: Which of the following is not a
Q153: An organization that engages in accounts-receivable financing
Q154: A business that needs short-term credit in
Q155: Pledging accounts receivable has all of the
Q157: If life insurance is pledged as collateral
Q158: If a firm actually sells its accounts
Q159: Which of the following is not true
Q160: The factor, unlike the commercial finance company:
A)
Q161: Which of the following might is not
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