The sale of an exporter's accounts receivable on capital goods,commodities,and other high-value goods,with the payment due at least 180 days out 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 capital goods, commodities, and other high-value goods, with the payment due at least 180 days out, is forfaiting.

The Sale of an Exporter's Accounts Receivable on Capital Goods,commodities,and