Explain flooring planning arrangement- a secured creditor, Ask an Expert

Management Studies

Explain flooring planning arrangement

a- A firm holds inventory possessed by another firm for sale to the holding firm's customers.

b- A firm's inventory is focus to a security interest held by a creditor and when inventory is sold all or a portion of the sale price must be paid to that creditor.

c- A secured creditor holds the inventory for a firm as well as releases that inventory when the firm pays the creditor a specified amount.

d- A firm instructions inventory from a supplier when inventory is needed.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9314071

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