Question: Which statement is correct? A transfer with recourse means that the purchaser cannot go back to the company for compensation of bad debts. A transfer

Which statement is correct? A transfer with recourse means that the purchaser cannot go back to the company for compensation of bad debts. A transfer without recourse means that the seller of the receivables takes the collection risk. A transfer with recourse means that the seller of the receivables takes the collection risk A transfer with recourse means that the purchaser of the receivables takes the collection risk.

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