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Commerce · Q1079

Financial Management

Graduate and Post Graduate · Commerce · question 1079

Q1079

Out of the following, what is not true in respect of factoring?

A.
Continuous arrangement between Factor and Seller
B.
Sale of Receivables to the factor
C.
Factor provides cost free finance to seller
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
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