The sale of an exporter's accounts receivable on ordinary goods,with the balance of the payment due upon delivery or soon after is
A) forfaiting.
B) consignment.
C) factoring.
D) banker's acceptance.
E) time draft.

Question

Quizplus · Accepted Answer

The sale of an exporter's accounts receivable on ordinary goods, with the balance of the payment due upon delivery or soon after, is factoring.

The Sale of an Exporter's Accounts Receivable on Ordinary Goods,with