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    Principles of Finance
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    Exam 15: Working Capital Management
  5. Question
    The Risk of Default on Pledged Accounts Receivable Is Borne
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The Risk of Default on Pledged Accounts Receivable Is Borne

Question 114

Question 114

True/False

The risk of default on pledged accounts receivable is borne by the lender to whom the receivables are pledged.

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