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.

---

Definitions:

Flexibility

The capacity to adapt to new, different, or changing requirements and conditions.

Emotional Restraint

The practice of controlling or moderating one's emotional expressions, often valued in various cultural or professional settings as a sign of maturity or professionalism.

Emotional Expressiveness

The degree to which individuals outwardly display their emotional states through facial expressions, body language, and tone of voice.

Introspection

The examination or observation of one's own mental and emotional processes.