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Ryan37sport Ryan37sport
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2 weeks ago
Factoring refers to lending a lump sum of cash via a promissory note or on-demand access without accepting any other securities.

▸ true

▸ false
Textbook 

Business in Action


Edition: 9th
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JehanzaibJehanzaib
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More questions for this book are available here
false

Factoring is a source of finance where a company sells its accounts receivable to an intermediary that collects from the customer.

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