Credit risk exposes the lender to the uncertainty that only interest payments may not be received.

Which of the following is least likely to be correct about the factoring of receivables?

A) the selling firm bears the risk of default B) the higher the perceived quality of the receivables, the lower the discount rate C) factoring may be the cheapest method of avoiding a cash flow problem D) the discount is paid by the selling firm in the form of reduced sales price

There are three main types of research designs employed in marketing research: exploratory, descriptive, and conclusive

Indicate whether the statement is true or false