Under the factoring arrangement, the factor
A. Produces and distributes the goods or services
B. Makes the payment on behalf of the client
C. Collects the clients debt or account receivable
D. Transfer the goods from one place to another
Answer:C
Under the factoring arrangement, the factor
A. Produces and distributes the goods or services B. Makes the payment on behalf of the client C. Collects the clients debt or account receivable D. Transfer the goods from one place to another