For Which of the Following Types of Short-Term Loans,the Lender

question 72

Multiple Choice

For which of the following types of short-term loans,the lender has to incur the expense of collecting accounts receivable and risk of the loan?

• A)Factoring
• B)Retailer and equipment financing
• C)Syndicated loans
• D)Term business loans
• E)Revolving credit financing

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Definitions:

Conveying

The act of communicating or transmitting information, ideas, or feelings from one person or place to another.

Information Channel

The medium through which information is transmitted from one place, person, or group to another.

Upward Communication

The process by which information or feedback travels from lower levels of a hierarchy to higher levels within an organization.

Supervisors

Individuals in an organization responsible for overseeing and managing the activities and performance of a team or department.