The Primary Advantage That Factoring Accounts Receivable Provides Is

question 36

Multiple Choice

The primary advantage that factoring accounts receivable provides is

• A) the flexibility it gives to the borrower.
• B) that the financial institution bears the risk of collection.
• C) the low cost as compared with other sources of short-term financing.
• D) that the financial institution services the accounts.

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Definitions:

Displayed

Shown or exhibited, often in a public or visible manner.

Tenets

Fundamental beliefs or principles that form the basis for a system of belief or actions.

Marxism

A socio-economic theory proposed by Karl Marx, advocating for class struggle and proletarian revolution to overthrow capitalism and achieve a classless society.

Darwinism

A theory of biological evolution developed by Charles Darwin, emphasizing natural selection as the primary mechanism for evolution.