Pledges of accounts receivable are never made on a notification basis because the lender does not trust the borrower to collect the pledged account receivable and remit these payments as they are received

Indicate whether the statement is true or false

FALSE

Business

You might also like to view...

Marlow Company makes bulk quantities of cleaning fluids

They currently sell 1,200 containers a month at a sales price of $23.75 per unit. If they add a new scent, they could charge $25 per unit for the improved product. It would cost them a total of $800 per month to make that alteration. If they decide to process further, it will improve their operating income. Indicate whether the statement is true or false

Business

In terms of spokesperson characteristics, which is the degree of confidence or the level of acceptance consumers place in the spokesperson's message?

A) trustworthiness B) expertise C) credibility D) likeability

Business