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Which of the following best describes the agreement where a firm sells receivables to a lender and the lender agrees to pay the firm the

Which of the following best describes the agreement where a firm sells receivables to a lender and the lender agrees to pay the firm the amount due from its customers at the end of the firm's payment period, and where the lender's claim on the borrower's assets in the event of default is limited only to explicity pledged collateral? OA trust receipt OB. pledging of accounts receivable OC factoring of accounts receivable with recourse OD. factoring of accounts receivable without recourse OE floating lien
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Which of the folowing best describet the agreement where a firm sols recelvabies io a lender and the lender agress to pey the firm the amourt due from ks customers at the end of the fim's poymert period. and where the lenders. A. Wust recolpt B. pledging of eccourts receivable C. Anctoring of socounts recelvatile wh recourse D. fectoring of socourits recalvitle whout recourse C. fouting lien

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