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06-04-2019
Business

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Kimlon informatics is owed $5,000 from a client for its services. the recovery period is 100 days, but kimlon needs the money immediately. it sells the right of collecting money from its client to quikcollect, a collection agency. here, kimlon informatics is the

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06-04-2019

Assignor They are the assignor because they transfering the debt to the collection agency. The collection agency will then recieve performance, in this case they will get the money.

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