Business Studies, asked by lakhanlal99817, 2 months ago

Explain

a)Leasing

b)Factoring​

Answers

Answered by harshmishra51838
0

Answer:

a.lease is a legal, binding contract outlining the terms under which one party agrees to rent property owned by another party.

b.Factoring allows a business to obtain immediate capital or money based on the future income attributed to a particular amount due on an account receivable or a business invoice.

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