When a company factors its receivables with recourse,the company cannot be required to pay the factor if a customer's account proves uncollectible.

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When a company factors its receivables with recourse, the company is responsible for paying the factor even if the customer's account proves uncollectible. This means that if the company cannot collect from the customer, they still owe the factor the money advanced for that receivable.

When a Company Factors Its Receivables with Recourse,the Company Cannot