Question
which statement is correct? a. if a firms factors their accounts receivable with recourse, then they are still liable if their customer doesnt pay b.
which statement is correct?
a. if a firms factors their accounts receivable with recourse, then they are still liable if their customer doesnt pay
b. a firm has a floating lien, then they are prohobited from selling inventory
c. if a firm pledges their accounts REV, then they must remove the accounts from their balance sheet
D. a trust receipt is used for loans in which their is no collateral
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Public Finance
Authors: Harvey S Rosen
6th Edition
0072374055, 978-0072374056
