Which of the Following Statements Is False About Factoring Without

question 113

Multiple Choice

Which of the following statements is false about factoring without recourse?

• A) The seller of the receivables is liable upon default of the debtor.
• B) The factor's risk is higher than if the factoring were with recourse.
• C) An example is the use of major credit cards.
• D) The fee will be higher than if the factoring were with recourse.

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Definitions:

Blood Oxygen Levels

A measure of how much oxygen is being carried in the blood, critical for the metabolic processes in the cells.

Regulation of Respiration

The processes involved in controlling the rate and depth of breathing.

Hemoglobin

A protein in red blood cells that carries oxygen from the lungs to the rest of the body and returns carbon dioxide back to the lungs to be exhaled.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air and is absorbed by plants in photosynthesis.