When a business factors its accounts receivables, the business ________
A) uses the receivables as security for a loan
B) no longer has to deal with the collection of the receivables from the customers
C) receives the the total amount of the receivables from the factor
D) receives cash, less an applicable fee, after the factor collects from the customers
B
Business
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A consumer who uses Google to find comparative reports on new automobiles, is most likely using which of the following information sources for assistance?
A) personal B) public C) experiential D) commercial E) under-the-radar
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Where one party takes advantage of a confidential relationship when entering into a contract,
the remedy would be based on: A) Duress. B) Fraud in the execution. C) Unilateral mistake. D) Unconscionability. E) Undue influence.
Business