When customers of an equipment manufacturing unit buy equipment ...

[Cooldude101]

When customers of an equipment manufacturing unit buy equipment on credit and then delay making payments, they receive a bill from a collection agency. What relationship does the collection agency have with the manufacturer?
 A) Trade credit
  B) Revolving credit agreement
  C) Factoring
  D) Short-term bank loans

Question 2

Unlike a person, a corporation exists only on paper.
 
 Indicate whether the statement is true or false

[Ahernandez18]

Answer to Question 1

C

Answer to Question 2

True