menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Computing
  3. Study Set
    Finance Markets Investments Study Set 2
  4. Exam
    Exam 16: Short-Term Business Financing
  5. Question
    A Factor Engages in Accounts Receivable Financing for Business by Taking
Solved

A Factor Engages in Accounts Receivable Financing for Business by Taking

Question 53

Question 53

True/False

A factor engages in accounts receivable financing for business by taking accounts receivable as collateral for making short-term loans.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q48: Which of the following is not true

Q49: A revolving credit agreement is a:<br>A) banker's

Q50: For bank loans, the effective interest rate

Q51: In general, most businesses should take advantage

Q52: An organization that engages in accounts-receivable financing

Q54: Which of the following is not a

Q55: Working capital includes a firm's marketable securities,

Q56: If a company can stretch its accounts

Q57: A firm selling its receivables is paid

Q58: An organization without a bank charter that

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines