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The CFO of Syntex Labs needs cash to cover cash flow problems and signs a note to sell $1M of receivables to General Finance Holding

The CFO of Syntex Labs needs cash to cover cash flow problems and signs a note to sell $1M of receivables to General Finance Holding Company. She has just signed for:

a. a promissory note

b. commercial paper

c. factoring

d. a loan, like a bank loan

e. too broad a question as any of the above could serve as an answer.

PLEASE DON'T JUST GUESS

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