Which of These Is an Entity Who Will Buy Accounts

question 115

Multiple Choice

Which of these is an entity who will buy accounts receivable before they are due on a discounted basis, with the spread between the discounted price and the receivable's face value providing them with the expected compensation for both the time value of money and for the expected level of defaults amongst the accounts receivable?

• A) Commercial bank
• B) Factor
• C) Receiver
• D) Blanket loaner

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Inductive Argument

A type of reasoning that moves from specific instances to a general conclusion, which can be more or less probable but not certain.

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Articulated figures or models, manipulated by a puppeteer, used in performances to entertain or convey stories.

Tele-

A prefix meaning distant, used in forming words that signify communication over long distances, such as telephone or television.

Bad Work Ethic

Characterized by a lack of responsibility, dedication, and professionalism in one's approach to work tasks or environments.