Pledges of accounts receivable and factoring of accounts receivable are made on _________ basis, respectively.
A. a nonrecourse and a notification
B. a nonnotification and a notification
C. a notification and a recourse
D. a notification and a nonrecourse
Answer:B
Pledges of accounts receivable and factoring of accounts receivable are made on _________ basis, respectively.
A. a nonrecourse and a notification B. a nonnotification and a notification C. a notification and a recourse D. a notification and a nonrecourse