In a Factoring Arrangement,the Factor

question 85

Multiple Choice

 In a factoring arrangement,the factor:

• A) takes no risk and sustains no losses.
• B) "buys" the accounts receivables of a firm.
• C) receives no interest payment.
• D) pays a premium for the firm's assets.

---

Definitions:

Idiocentric

Characterizing individuals who are more self-reliant and independent, prioritizing their personal goals over group goals.

Group

A group refers to a number of individuals who have shared interests or goals and are perceived to be bound together in some manner.

Personal Goals

Individual objectives or aspirations that one strives to achieve, which can motivate behavior and guide actions.

Realistic Group Conflict Theory

A theory suggesting that intergroup conflict arises from competition over limited resources or conflicting goals.