During 2020 ABC Corporation transferred inventory to NZYZ Corporation and agreed to repurchase the merchandise early in 2019. NXYZ then used the inventory as collateral to borrow from GCC Bank, remitting the proceeds to ABC. In 2021 when ABC repurchased the inventory, NXYZ used the proceeds to repay its bank loan. This transaction is known as a:

1. Product Financing Arrangement

2. Sale of Inventory

3. Installment Sale

4. Sales with Right of Return

5. Goods on Consignment

a.

2 only

b.

3 only

c.

4 and 5 only

d.

1 and 4 only

e.

1 only

f.

2 and 5 only

g.

4 only

h.

5 only