When Accounts Receivable Are Pledged as Collateral for a Loan

question 83

Multiple Choice

When accounts receivable are pledged as collateral for a loan:

• A)title to the receivables is transferred to the lender.
• B)the borrower's customers are usually notified of the pledging arrangement.
• C)the lender assumes the default risk on the receivables.
• D)b and c.
• E)None of the above

Identify strategies for effectively concluding proposals.

Understand the role of the budget section in a proposal and how to accurately estimate costs.

Know how to describe the method or procedure for achieving the proposal's objectives.

Understand the importance of the problem statement in articulating the need for the proposed action or project.

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Community Manager

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External Stakeholders

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