Many Small Businesses Rely on Factoring as a Source of Short-Term

question 214

Multiple Choice

Many small businesses rely on factoring as a source of short-term financing because

• A) factoring provides a much cheaper source of funds than bank loans.
• B) interest paid to a factor qualifies for a tax credit.
• C) small firms often find it difficult to qualify for bank loans.
• D) loans provided by factors do not require collateral.

---

Definitions:

Color Vision

The ability of the visual system to distinguish objects based on the wavelengths of light they reflect, absorb, or emit.

Lesions

A lesion refers to any damage or abnormal change in the tissue of an organism, usually caused by disease or trauma.

V5

V5 is a region of the visual cortex that is primarily responsible for processing motion in the visual field, also known as MT (middle temporal) area.

Blind Spot

An area on the retina without photoreceptors where the optic nerve exits the eye, resulting in a lack of visual perception in this region.