Solved

The Services Provided by an Accounts Receivable Factor to the Borrower

Question 50

Multiple Choice

The services provided by an accounts receivable factor to the borrower may include:


A) performing credit checks on potential customers.
B) collecting cash from customers.
C) assuming the bad debt risk when customers of factored accounts do not pay.
D) All of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions