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Explain the difference between merchant and agent intermediaries.
Financial Organization
An entity that provides financial services such as investments, insurance, banking, or brokerage services.
Uncollectible Accounts
Debts owed to a company that are considered to be uncollectible from debtors or customers, often written off as bad debts.
Credit Analysis
The process of evaluating an individual's or organization's ability to repay a loan or debt.
Accounts Receivable
Outstanding payments that customers are required to make to a business for received goods or services.
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