Accounts Receivable Financing Is the Term Used to Describe Which

question 48

Multiple Choice

Accounts receivable financing is the term used to describe which of the following types of loans which involve either the assignment or the factoring of a firm's accounts receivables?

• A)unsecured short-term loan
• B)secured long-term loan
• C)bailment financing
• D)unsecured long-term loan
• E)secured short-term loan

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Definitions:

Ore

Naturally occurring minerals or rock from which valuable metals or other elements can be extracted profitably.

Marginal Rate of Substitution

The rate at which a consumer is willing to trade one good for another while maintaining the same level of utility.

Pareto Optimal

An arrangement of resources where it is unworkable to elevate any person’s or preference's state without concurrently depreciating another’s.

Blue Price

This term does not have a widely recognized definition and could refer to specific market jargon or a particular pricing strategy.