In ________, a Company Has an Ongoing Relationship with a Bank

question 5

Multiple Choice

In ________, a company has an ongoing relationship with a bank that routinely buys its short-term accounts receivable at a discount.

• A) forfaiting
• B) factoring
• C) a barter transaction
• D) a cash-in-advance transaction
• E) an open accounts transaction

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Definitions:

Edema

Swelling caused by excess fluid trapped in the body's tissues, commonly occurring in the feet, ankles, and legs.

Blast

A sudden, violent blow or impact, often referring to explosions or powerful gusts of wind, but can also describe the rapid growth and proliferation of cells in a specific context like biology or medicine.

Cidal

A term used in biology and pharmacology to describe agents or substances that kill or destroy, often used in the context of bacteria (bactericidal) or fungi (fungicidal).

Bi-

A prefix meaning two, twice, or double.