Gar co. factored its receivables without recourse with ross bank. gar received cash as a result of this transaction, which is best described as a:
multiple choice
a. loan from ross collateralized by gar’s accounts receivable.
b. loan from ross to be repaid by the proceeds from gar’s accounts receivables.
c. sale of gar’s accounts receivable to ross, with the risk of uncollectible accounts transferred to ross.
d. sale of gar’s accounts receivable to ross, with the risk of uncollectible accounts retained by gar.

Answer for the following statement is "C"

Explanation:

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.

answer; risk transference;