A Factor Purchases Receivables from Businesses for a Fee and Collects

question 48

True/False

A factor purchases receivables from businesses for a fee and collects the remittances directly from customers.

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Definitions:

Engineering Journals

Scholarly publications that contain articles and research findings in the field of engineering.

Equations

Mathematical statements that assert the equality of two expressions, used in solving problems and expressing relationships between variables.

Equation Editor

A software tool or application that allows for the input, editing, and display of mathematical equations.

Particulars

Specific details or information about something; the fine points that differentiate one thing from another.