Which of the Following Are Advantages That Credit Sellers Have

question 3

Multiple Choice

Which of the following are advantages that credit sellers have over banks

• A)Information advantage
• B)Control advantage
• C)Salvage value advantage
• D)'a' and 'b'
• E)all of the above

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Definitions:

Independent Contractor

A person who is hired to perform a task for another but who is not the other’s employee.

Employee

An individual who works for an employer and is entitled to receive compensation in exchange for their labor or services.

Independent Contractor

An individual who provides services to another entity under terms specified in a contract or within a verbal agreement, unlike an employee who works regularly for a single employer.

Supervision

The act of overseeing or managing activities and personnel to ensure that tasks are performed correctly, safely, and efficiently.