Explain extend credit for part or all of the purchase price

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Reference no: EM1371163

Select Furniture Store sells household consumer goods. To create a purchase-money security interest, Select Furniture must

a. assign, to a collecting agent, a portion of its accounts payable.

b. assign, to a collecting agent, a portion of its accounts receivable.

c. extend credit for part or all of the purchase price of the goods.

d. refer purchasers to a third-party lender.

Reference no: EM1371163

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