A Wholly Owned Subsidiary Whose Primary Purpose Is to Finance

question 18

Multiple Choice

A wholly owned subsidiary whose primary purpose is to finance sales of the parent company's products and services, provide wholesale financing to distributors of the parent company's products, and purchase receivables of the parent company is a

• A)captive finance subsidiary.
• B)factor.
• C)leasing agent.
• D)captive factoring agent.

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Definitions:

Effective Time Management

The ability to use one's time productively and efficiently, often through planning, prioritizing tasks, and managing distractions to achieve goals.

Procrastination

The action of delaying or postponing tasks despite knowing there will be negative consequences for doing so.

Procrastination

The act of delaying or postponing tasks or decisions, often habitually, resulting in potential stress or consequences.

Fear of Failure

The apprehension or anxiety about not meeting a standard of success or achievement.