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With a loan collateralized by receivables

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Reference no: EM133001640

Problem 1: With a loan collateralized by receivables,

A the bank makes the loan without recourse.

B a company receives cash and is not responsible for repaying the loan.

C a company receives cash and is responsible for repaying the loan.

D the bank has recourse against the accounts receivable customers.

Reference no: EM133001640

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