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Vegas Co. imports products from Mexi Co. in Mexico. It issues a promissory note to pay Mexi Co. for imported products. Mexi sells the note
Vegas Co. imports products from Mexi Co. in Mexico. It issues a promissory note to pay Mexi Co. for imported products. Mexi sells the note at a discount to a bank, which reflects a. factoring. b. a letter of credit. c. forfaiting. d. accounts receivable financing
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