Question: A note receivable discounted with recourse is: Not disclosed because the bank is liable for the note. An outright as is sale of a note

A note receivable discounted with recourse is: Not disclosed because the bank is liable for the note. An outright "as is" sale of a note receivable to a bank. O Sold to a bank and the bank assumes liability. All of the choices are correct responses. O A contingent liability

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