RJR Nabisco Sells Its Export Receivables to a Firm That

question 29

Multiple Choice

RJR Nabisco sells its export receivables to a firm that takes responsibility for collecting payment from the importers. RJR has used

• A) accounts receivable financing
• B) factoring
• C) forfaiting
• D) letter of credit

---

Definitions:

Urine

A liquid waste product filtered from the blood by the kidneys and expelled from the body through urination.

White Blood Cells

are cells of the immune system involved in protecting the body against both infectious disease and foreign invaders.

Pyelonephritis

A urinary tract infection that involves one or both of the kidneys.

Renal Ischemia

A condition characterized by inadequate blood flow to the kidneys, potentially leading to kidney damage or failure.