单选题
Which of the following is not true of forfaiting? ______.
A、
Forfaiting is a form of trade finance with recourse
B、
Forfaiting is the act of purchasing an exporter's receivables (the amount the importer owes the exporter) at a discount by paying cash
C、
The forfeiter takes over the buyer risk
D、
The purchase is usually guaranteed by a bank in the buyer's country
【正确答案】
A
【答案解析】
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