Question
In pledging of accounts receivable the final responsibility of collections belongs to the _________. Question 15 options: A) The financial institution or the bank which
In pledging of accounts receivable the final responsibility of collections belongs to the _________.
Question 15 options:
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| A) | The financial institution or the bank which provided the financing to the company that pledged it accounts receivable. |
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| B) | The company which sought the financing, by pledging its A/R. |
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| C) | It is the responsibility of the company which made factoring. |
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| D) | None of the above. |
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The Business Of Personal Finance
Authors: Joseph Calandro Jr, John Hoffmire
1st Edition
1032104562, 978-1032104560
