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(c) Revenue
(d) Charge
5. The factor becomes responsible for all _________ and debt collection from
the buyer and provides protection against any bad debt losses to the firm.
(a) Transactions
(b) Payment
(c) Credit control
(d) None of the above

Home Assignments.

1- Mark questions.
1. What is meant by trade credit?
2. What is meant by factoring?
3. State the meaning of non recourse factoring.
4. What is meant by lease financing?
5. Write the name of parties involved in lease financing.

3 to 4 marks questions.

1. Write the limitations of trade credit.
2. Write the advantages of lease financing.
3. Explain the merits of factoring.

5 to 6 marks questions.

1. Finance is the lifeblood of business, without adequate finance no
business organization can survive, it is very essential for every business
organization .so you need to explain the factors influencing the choice of
sources of funds.

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