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  3. Study Set
    Fundamental Accounting Principles
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    Exam 9: Accounting for Receivables
  5. Question
    The Buyer Who Purchases and Takes Ownership of Another Company's
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The Buyer Who Purchases and Takes Ownership of Another Company's

Question 168

Question 168

Multiple Choice

The buyer who purchases and takes ownership of another company's accounts receivable is called a:


A) Payer.
B) Pledger.
C) Factor.
D) Payee.
E) Pledgee.

Correct Answer:

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