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    Principles of Finance
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    Exam 15: Working Capital Management
  5. Question
    The Pledging of Receivables Differs from Factoring in That,under Pledging,the
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The Pledging of Receivables Differs from Factoring in That,under Pledging,the

Question 23

Question 23

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The pledging of receivables differs from factoring in that,under pledging,the lender normally has recourse against the borrower.

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