What Is the Difference Between Pledging Receivables and Assigning Receivables

question 123

Multiple Choice

What is the difference between pledging receivables and assigning receivables.

• A) Pledging involves selling the receivables; assigning involves using the receivables as collateral for a loan.
• B) Receivables are pledged without recourse; receivables are assigned with recourse.
• C) Receivables are pledged with recourse; receivables are assigned without recourse.
• D) There is no difference; these are two terms for the same type of financing arrangement.

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Definitions:

Interneurons

Neurons located in the central nervous system that transmit impulses between sensory and motor neurons.

Peripheral Nervous System

The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord, involved in transmitting sensory information and motor signals.

Autonomic Nervous System

The part of the nervous system that controls involuntary bodily functions, such as heartbeat, digestion, and breathing.

Parasympathetic Nervous System

The part of the autonomic nervous system responsible for conserving energy and bringing the body to a state of rest by decreasing heart rate and increasing intestinal and gland activity.