Which of the Following Statements Is Correct

question 123

Multiple Choice

Which of the following statements is correct?

• A) In a factoring arrangement,the factor always performs three functions: (1)credit checking, (2)lending,and (3)receivables collection.
• B) The pledging of accounts receivable involves a transfer of the risk associated with accounts receivable from the borrower to the lender.
• C) In a factoring arrangement,the seller can select various combinations of credit checking,lending,and risk bearing the factor performs by changing provisions in the factoring agreement.
• D) In a factoring agreement,the factor would not perform the credit checking and risk taking functions without performing the lending function,because the former are required before the factor can lend to the seller.
• E) The financing of accounts receivable involves an agreement which is informal and non-binding,which makes it difficult for the factor to protect itself.

Understand the role of attributions in social psychology, including different types and their implications.

Identify, describe, and understand the key themes of positive psychology, including where optimism fits.

Differentiate between agency thinking and pathway thinking in the context of goal achievement.

Analyze the relation between optimism and various outcomes under different stress conditions.

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Definitions:

Biological Functioning

The processes and activities carried out by living organisms' systems that are necessary for maintaining life and health.

Client's Difficulties

The problems, challenges, or issues faced by clients that they seek assistance for from a professional or service.

Transference

A phenomenon that occurs when clients start relating to their therapist in ways that mimic critical relationships in their lives.

Congruence

The degree to which things agree, match, or are in harmony with each other, often used in the context of personal values and behaviors.