When Accounts Receivable Are Bought from a Company for Capital

question 4

Multiple Choice

When accounts receivable are bought from a company for capital funding it is called

• A) trade credit.
• B) financing.
• C) leasing.
• D) factoring.

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Definitions:

Preconventional Morality

The first level of Kohlberg's stages of moral development, where moral reasoning is based primarily on consequences and individual interests.

Social Duty

An obligation or responsibility towards society that an individual is expected to fulfill, often for the greater good.

Concrete Rewards

Tangible incentives or prizes given in recognition of achievements or desired behaviors.

Avoid Punishment

A behavior modification strategy where actions are taken to escape or evade from adverse stimuli.