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The Sale of an Exporter's Accounts Receivable on Capital Goods,commodities,and

Question 33

Multiple Choice

The sale of an exporter's accounts receivable on capital goods,commodities,and other high-value goods,with the payment due at least 180 days out is


A) forfaiting.
B) consignment.
C) factoring.
D) banker's acceptance.
E) time draft.

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