Which of the Following Statements Is True About Factoring Without

Multiple Choice

Which of the following statements is true about factoring without recourse?

A) The seller of the receivables is liable upon default of the debtor.
B) The factor's risk is lower than if the factoring were with recourse.
C) An example is the use of major credit cards.
D) The fee will be lower than if the factoring were with recourse.