question_answer 8)

Under the factoring arrangement, the factor (a) produces and distributes the goods or services (b) makes the payment on behalf of the client (c) collects the client's debt or account receivables (d) transfer the goods from one place to another

Answer:

(c) Factoring is a financial service whereby the factor is responsible for all credit control and debt collection from the buyer and provides protection against any bad-debt losses to the firm.