Accounts receivable financing is the term used to describe which of the following types of loans which involve either the assignment or the factoring of a firm's accounts receivables?

1. 		Secured short-term loan
   		Unsecured short-term loan
   		Secured long-term loan
   		Unsecured long-term loan
   		Trust receipt loan

2 points   

QUESTION 15

2. By definition, an inventory loan is which one of the following types of loan?

   		Secured short-term loan
   		Unsecured short-term loan
   		Secured long-term loan
   		Unsecured long-term loan
   		Trust receipt loan

Answer rating: 100% (QA)

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