A Disadvantage of Debt Factoring Is

question 27

Multiple Choice

A disadvantage of debt factoring is:

• A) it can mean greater time is taken up with the management of debtors.
• B) it can create uncertain cash flows.
• C) it can be seen as an indication that the business is having financial difficulties.
• D) all of the above.

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Definitions:

Fraudulently

In a manner intended to deceive or cheat, often involving financial or legal deception.

Bribery

The act of offering, giving, receiving, or soliciting something of value for the purpose of influencing the action of an official in the discharge of his or her public or legal duties.

Commercial Bribery

The act of providing or offering something of value to an employee or agent of a business to influence their decisions in favor of the giver, outside of their employer's knowledge and consent.

Larceny

The unlawful taking and carrying away of someone else's personal property with the intent to permanently deprive the owner of it.