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:

Apgar Score

A quick test performed on a newborn at 1 and 5 minutes after birth assessing heart rate, respiration, muscle tone, reflex response, and color to evaluate the physical condition.

Immediate Resuscitation

Emergency medical response aiming to revive someone from unconsciousness or near death.

Apgar Score

A quick test performed on a newborn baby at 1 and 5 minutes after birth to assess their physical condition and determine any immediate need for extra medical or emergency care.

Cerebral Palsy

A group of permanent movement disorders that appear in early childhood, affecting muscle tone, posture, and movement as a result of damage to the brain before, during, or just after birth.