What Do We Call Companies That Provide Short-Term Financing to Firms

question 24

Multiple Choice

What do we call companies that provide short-term financing to firms by purchasing accounts receivable at a discount?

• A) credit agents
• B) investment bankers
• C) commercial paper houses
• D) factors

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Definitions:

Forms

The visible shapes, structures, or configurations that objects or concepts can take, often used to classify or understand things in various contexts.

Hedonism

The moral philosophy advocating that the fulfillment of desires or pleasure constitutes the greatest value and ultimate goal of human existence.

Greek Philosopher

An intellectual from ancient Greece who contributed to the foundation of Western philosophical thought.

Hedonism

A doctrine that proposes seeking pleasure and avoiding pain are essential objectives for humans.