When a firm sells its trade receivables to a financial institution,it is called:
A) captive financing.
B) collateralization.
C) securitization.
D) legalization.
E) None of the above.
Correct Answer:
Verified
Q3: A commercial draft is useful to a
Q3: Lengthening the credit period _ the price
Q12: The three components of credit policy are:
A)collection
Q14: Which of the following statements is true?
A)Most
Q15: When analyzing the decision to change the
Q16: On September 1,a firm grants credit with
Q19: Which of the following is not one
Q19: Factoring refers to:
A)determining the aging schedule of
Q20: Which of the following is not true
Q40: Risk should be incorporated into the decision
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