Kimlon Informatics Has to Recover $5000 from a Client for Its

question 21

Multiple Choice

Kimlon Informatics has to recover $5000 from a client for its services. The recovery period is 100 days but Kimlon needs the money immediately. It sells the right of collecting money from its client to Quikcollect, a collection agency. Here, Kimlon Informatics is the ________.

• A) obligor
• B) assignor
• C) subassignee
• D) assignee

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Definitions:

Reproduces

The biological process by which new individual organisms are created from their parents.

Red Blood Cells

are cells in the bloodstream that transport oxygen from the lungs to body tissues and carbon dioxide back to the lungs.

Liver

A vital organ present in vertebrates and some other animals, performing a wide range of functions including detoxification, protein synthesis, and the production of biochemicals necessary for digestion.

Excavates

A diverse group of single-celled organisms, including both free-living species and parasites, characterized by their unique cell structure and mode of mobility.