Which of the Following Statements Is False About Factoring Without

question 113

Multiple Choice

Which of the following statements is false about factoring without recourse?

• A) The seller of the receivables is liable upon default of the debtor.
• B) The factor's risk is higher than if the factoring were with recourse.
• C) An example is the use of major credit cards.
• D) The fee will be higher than if the factoring were with recourse.

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