If a Creditor Assigns a Debt Owed to It as a Result

question 35

Multiple Choice

If a creditor assigns a debt owed to it as a result of a contractual obligations that neither party has as yet completely performed,how would the creditor be advantaged by having done so?

• A) reduction of liability insurance premiums
• B) reduction of its accounts receivable
• C) reduction of the risk of remuneration default
• D) early collection of accounts receivable

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Definitions:

Linguistic-Relativity Theory

A hypothesis suggesting that the structure of a language influences its speakers' cognition and perception of the world.

Babbling

The production of repetitive syllables by infants, which precedes the development of language.

Phonemic Speech

The aspect of language that deals with the system of sounds (phonemes) and their function and usage within a language.