Which One of the Following Statements Is Correct

question 104

Multiple Choice

Which one of the following statements is correct?

• A)The assignment of receivables involves selling the firm's accounts receivables at full price.
• B)Lines of credit frequently require a cleanup period.
• C)With maturity factoring, the borrower receives the loan amount immediately.
• D)Commercial paper is short-term financing offered to highly-rated corporations by major banks.
• E)Credit card receivables funding is a relatively inexpensive method of borrowing on a short-term basis.

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Definitions:

Nash Equilibrium

A concept in game theory where no player can benefit by changing strategies if other players keep theirs unchanged.

Game Theory

The study of mathematical models of strategic interaction among rational decision-makers.

High-Tech Revolution

A period characterized by rapid and profound technological advancements, significantly impacting industries and society.

Market Structures

The organization and characteristics of a market, determining the level of competition and pricing power, such as monopolistic, oligopolistic, and competitive markets.