The Primary Advantage That Pledging Accounts Receivable Provides Is

question 99

Multiple Choice

The primary advantage that pledging accounts receivable provides is

• A) the flexibility it gives to the borrower.
• B) that the financial institution bears the risk of collection.
• C) the low cost as compared with other sources of short-term financing.
• D) that the financial institution services the accounts.

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Definitions:

Identity versus Role Confusion

A developmental stage proposed by Erik Erikson, where adolescents face the challenge of developing a personal identity and sense of self or risk experiencing confusion about their role in society.

Erikson

Refers to Erik Erikson, a developmental psychologist and psychoanalyst known for his theory of psychosocial development across eight stages of human life.

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond with the sex they were assigned at birth.

Deep Sadness

An intense feeling of sorrow or despair.