"The purpose of assigning accounts receivable is to: A) Comply with form and content rules of bankruptcy proceedings. B) Satisfy a court order. C) Complete the legal prerequisites to record their sale. D) Provide collateral for a loan."

1 answer
Question:

"The purpose of assigning accounts receivable is to:
A) Comply with form and content rules of bankruptcy proceedings.
B) Satisfy a court order.
C) Complete the legal prerequisites to record their sale.
D) Provide collateral for a loan."

Answers

Answer: CExplanation: That is the legal procedure because they have to pay taxes and provide evidences

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