Which of the following is NOT a basic form of a financing agreement to obtain cash from accounts receivable?

Name: Which of the following is NOT a basic form of a financing agreement to obtain cash from accounts receivable?
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Question

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Factoring, assigning, and pledging are all basic forms of financing agreements to obtain cash from accounts receivable. Consigning refers to a different type of arrangement where goods are sent to a third party to sell on behalf of the owner, and is not a financing agreement.

Which of the Following Is NOT a Basic Form of a Financing