Multiple Choice
In financing accounts receivable, pledging uses receivables _______ while factoring uses receivables _________.
A) as collateral; to purchase
B) as collateral; to sell
C) to sell; as collateral
D) to sell; to purchase
Correct Answer:

Verified
Correct Answer:
Verified
Q2: A discounted loan features subtraction of the
Q7: The London Interbank Offered Rate (LIBOR):<br>A) competes
Q8: Holland Construction Co.has an outstanding 180-day bank
Q21: The London Interbank Offered Rate (LIBOR):<br>A) does
Q41: Firms can almost always increase the amount
Q42: Other things being equal,an increase in the
Q93: A large manufacturing firm has been selling
Q97: An instalment loan uses a series of
Q111: Financial institution deregulation has eased competition between
Q112: Which method of controlling pledged inventory provides