The Sale of an Exporter's Accounts Receivable on Ordinary Goods,with

question 103

Multiple Choice

The sale of an exporter's accounts receivable on ordinary goods,with the balance of the payment due upon delivery or soon after is

• A) forfaiting.
• B) consignment.
• C) factoring.
• D) banker's acceptance.
• E) time draft.

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Definitions:

African Americans

A racial or ethnic group in the United States with ancestry primarily from Sub-Saharan Africa.

Minority Groups

Demographic groups within a population distinguished by cultural, ethnic, racial, religious, or linguistic characteristics and often experiencing disparate treatment or representation.

Discriminatory Law

Laws or legislation that unfairly differentiate between individuals or groups, often based on race, gender, sexuality, religion, or other characteristics, leading to inequality or injustice.

Strict Scrutiny

A form of judicial review that courts use to determine the constitutionality of certain laws, requiring laws to serve a "compelling state interest" and be narrowly tailored to achieve their goals.