The Primary Advantage That Pledging Accounts Receivable Provides Is

question 99

Multiple Choice

The primary advantage that pledging accounts receivable provides is

• A) the flexibility it gives to the borrower.
• B) that the financial institution bears the risk of collection.
• C) the low cost as compared with other sources of short-term financing.
• D) that the financial institution services the accounts.

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Definitions:

Goldman Sachs

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Financial instruments that represent claims to the cash flows from pools of mortgage loans, typically on residential property.

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The 44th President of the United States from 2009 to 2017, and the first African American to hold the office, known for significant healthcare reform and a focus on progressive social policies.