Which One of the Following Statements Is Correct

question 104

Multiple Choice

Which one of the following statements is correct?

• A)The assignment of receivables involves selling the firm's accounts receivables at full price.
• B)Lines of credit frequently require a cleanup period.
• C)With maturity factoring, the borrower receives the loan amount immediately.
• D)Commercial paper is short-term financing offered to highly-rated corporations by major banks.
• E)Credit card receivables funding is a relatively inexpensive method of borrowing on a short-term basis.

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Definitions:

Psychographics

The examination and categorization of individuals based on their psychological attributes, goals, and attitudes, particularly for the purposes of market analysis.

Marketers

Individuals dedicated to identifying consumer needs and promoting goods or services to meet those needs.

VALS System

A psychographic segmentation tool that categorizes consumers based on their values, lifestyles, and attitudes.

Striver

An individual who is determined to succeed and improve their social or economic status, often through hard work and ambition.