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    Entrepreneurship Study Set 5
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    Exam 12: Debt and Other Forms of Financing
  5. Question
    When a Borrower Instructs Its Customers to Pay Their Invoices
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When a Borrower Instructs Its Customers to Pay Their Invoices

Question 2

Question 2

True/False

When a borrower instructs its customers to pay their invoices directly to the lender, the arrangement is called, "Pledging with notification."

Correct Answer:

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