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n a factoring agreement with recourse, the factor has recourse to the company for all the advanced debts. the implicationn is that? The answer is
n a factoring agreement with recourse, the factor has recourse to the company for all the advanced debts. the implicationn is that? The answer is A The factor bears the loss of bad debts ; B Risk is fully transferred from the company to the factor; C Nonrecource factoring is significantly more expensive that recourse factoring; D The factor takes over all rights to pursue the debt through the usual legal channels
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