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Which of the following is not a characteristic of a sale of accounts receivable without recourse? 24 Seller records a loss on the sale Buyer

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Which of the following is not a characteristic of a sale of accounts receivable without recourse? 24 Seller records a loss on the sale Buyer assumes the risk of collection Seller guarantees the payment to the buyer. Transfer is an outright sale of the receivable. a. b. C. d

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