In a factoring of accounts receivable without recourse, which party bears (indicated by * in the answer alternatives) the cost of bad debts and sales adjustments? $$\begin{array} { | l | l | l | l | }
\hline &\text { } & \text {bad depts} &\text {sales adjuistments} \
\hline 1&\text { transferor } & *& * \
\hline 2 &\text { factor } &* & \
\hline &\text { transferor } & & * \
\hline 3& \text { factor } & * & \
\hline& \text { transferor} & *& \
\hline 4 &\text { factor } & *\
\hline
\end{array}$$

Question

In a factoring of accounts receivable without recourse, which party bears (indicated by * in the answer alternatives) the cost of bad debts and sales adjustments? $$\begin{array} { | l | l | l | l | } 
\hline  &\text {  } & \text {bad depts} &\text {sales adjuistments} \
\hline 1&\text { transferor } &  *& * \
\hline 2 &\text {  factor } &* & \
\hline &\text { transferor } & & * \
\hline 3& \text { factor  } & * & \
\hline& \text { transferor} & *&  \
\hline 4 &\text { factor } & *\
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of In a factoring of accounts receivable without recourse, which party bears (indicated by * in the answer alternatives) the cost of bad debts and sales adjustments? $$\begin{array} { | l | l | l | l | } 
\hline  &\text {  } & \text {bad depts} &\text {sales adjuistments} \
\hline 1&\text { transferor } &  *& * \
\hline 2 &\text {  factor } &* & \
\hline &\text { transferor } & & * \
\hline 3& \text { factor  } & * & \
\hline& \text { transferor} & *&  \
\hline 4 &\text { factor } & *\
\hline
\end{array}$$

In a Factoring of Accounts Receivable Without Recourse, Which Party