Multiple Select Question

Select all that apply

Which of the following conditions must exist for a transfer of receivables to be treated as a sale? $($Select all that apply.$)$

The transferor retains title to the assets until expiration of the contract.

The transferor receives payment for participation in the assets

The transferee has the right to pledge or exchange the assets.

The transferor surrenders control of the asset.

The assets are isolated and beyond the reach of the transferor.