What Involves the Purchase of Accounts Receivables by the Lender

question 145

Multiple Choice

What involves the purchase of accounts receivables by the lender, generally without resource to the borrower?

• A) Wal-Mart financing
• B) Pledging
• C) Factoring
• D) Interest expense

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Definitions:

Marketing Strategy

The comprehensive plan formulated particularly for achieving the marketing objectives of the organization; it includes campaigns, actions, and decisions to build and sustain a competitive market position.

Dispenser

A device designed to release a specific amount of material, such as soap, towels, or beverages, often for efficiency and convenience in various settings.

Functional

Refers to products or services designed to fulfill specific purposes or tasks.

Aesthetic Design

Involves enhancing the appearance and emotional appeal of a product or interface to improve user experience.