Multiple Choice
Kimlon Informatics has to recover $5000 from a client for its services. The recovery period is 100 days but Kimlon needs the money immediately. It sells the right of collecting money from its client to Quikcollect, a collection agency. Here, Kimlon Informatics is the ________.
A) obligor
B) assignor
C) subassignee
D) assignee
Correct Answer:
Verified
Correct Answer:
Verified
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