The Buyer Who Purchases and Takes Ownership of Another Company's

question 168

Multiple Choice

The buyer who purchases and takes ownership of another company's accounts receivable is called a:

• A)Payer.
• B)Pledger.
• C)Factor.
• D)Payee.
• E)Pledgee.

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Definitions:

Linear Model

A statistical approach for modeling the relationship between a scalar dependent variable and one or more independent variables by fitting a linear equation.

Scatterplot

A graphical representation using dots to show the relationship between two variables, each dot representing an observation.

Estimate

An approximation or educated guess based on partial information or data.

Data

Information collected for reference or analysis, often numeric, but can be in various forms.