Which of the Following Statements Is True About Factoring Without

question 98

Multiple Choice

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

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

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A federal assistance program for healthcare and nutrition of low-income pregnant women, breastfeeding women, and children under the age of five.