____ Refers to Medium-Term Financing in Which Financial Obligations, Such

Multiple Choice

____ refers to medium-term financing in which financial obligations, such as bills of exchange or promissory notes, are purchased from the original holder, usually the exporter; the obligations are sold "without recourse," meaning that if the importer does not pay, the exporter has no responsibility for their payment.

A) Factoring
B) Accounts receivable financing
C) Forfaiting
D) None of these are correct.