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Laney
9 March, 15:00
Where did factorization begin
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Taniya
9 March, 15:27
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Babylonian
Factoring in Ancient Times
It is a code of laws set down by the sixth Babylonian king, Hammurabi, in the 18th century B. C. Part of the Code sets down rules for merchants who wanted to use factoring as a form of funding. As civilization developed, other forms of financing began to form.
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