What Is the Name of the Company That Purchases the Accounts

question 10

Multiple Choice

What is the name of the company that purchases the accounts receivable of other firms?

• A) shipping company
• B) common carrier
• C) export factor
• D) insurance carrier

---

Definitions:

Small-Business Start-Ups

Newly established small businesses in the early stages of operation, often characterized by innovation and growth potential.

Online Resources

Digital materials available on the Internet, including websites, databases, and multimedia content, intended for informational or educational purposes.

More Competitive

Refers to a state or condition where entities attempt to gain a greater share of a market or surpass others in quality, innovation, or performance.

Conglomerate Merger

Merger that combines unrelated firms, usually with the goal of diversification, spurring sales growth, or spending a cash surplus in order to avoid a takeover attempt.