Which of the Following Statements Is True About Factoring Without

question 98

Multiple Choice

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

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

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Definitions:

Ortholog

Genes in different species that evolved from a common ancestral gene by speciation and retain the same function.

Speciation Event

The process by which new genetically distinct species evolve from a single ancestral species.

Gene Duplication

A process in which a chromosome segment is copied resulting in multiple copies of the same gene in the genome, often leading to new genetic functions.

Paralogs

Genes that have evolved within the same species due to gene duplication and then diverged in function.