Accounts Receivable Usually Are Factored

question 39

Multiple Choice

Accounts receivable usually are factored

• A) with recourse on a notification basis.
• B) without recourse on a notification basis.
• C) with recourse on a nonotification basis.
• D) without recourse on a nonotification basis.

Comprehend how misrepresentations in zoning, whether intentional or accidental, can lead to legal actions for deceived parties.

Know the duty of care expected from professionals such as land appraisers towards their clients and third parties relying on their expertise.

Identify situations where a plaintiff may not succeed in an action for negligence due to the circumstances surrounding the duty of care and its breach.

Understand the application of negligent misstatement causing economic loss in professional advice and valuation scenarios.