The Firm Selling the Recourse Receivables Avoids the Cost of Determining

question 67

True/False

The firm selling the recourse receivables avoids the cost of determining the creditworthiness of its customers.

---

Definitions:

Plant Polysaccharide

Complex carbohydrates found in plants, consisting of long chains of monosaccharide units, and are important for energy storage and structural components.

Cellulose

A complex carbohydrate that forms the primary structural component of plant cell walls and is incapable of being digested by humans.

Carbohydrate

Organic compounds consisting of carbon, hydrogen, and oxygen, usually in a ratio of 1:2:1, serving as a major energy source for the body.

Sucrose

A disaccharide composed of glucose and fructose, commonly known as table sugar.