Q.

Factoring is method of raising ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ finance through account receivable credit offered by commercial banks and factors.

A. Long term
B. Medium term
C. short term
D. all of these.
Answer» C. short term
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