In Which Industry Is Factoring a Common Practice

question 4

Multiple Choice

In which industry is factoring a common practice?

• A) Automobile
• B) Tech services
• C) Entertainment
• D) Apparel

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Definitions:

Innocent Partner

is a partner in a business who is not aware of and does not partake in any wrongdoing committed by other partners.

Partner's Crime

A legal concept referring to crimes committed by an individual that are connected to the actions or business operations of their partner.

Criminal Tendencies

The propensity or inclination of an individual to engage in behavior that is considered criminal or unlawful.

Legal Entities

Organizations such as corporations, governments, or nonprofit institutions that have legal rights and obligations.