A business finance company:

A$.$ is one type of private equity fund

B$.$ is one type of mutual fund

C$.$ is not one of the three types of finance companies

D$.$ is one of the three types of finance companies

Factoring occurs when

A$.$ a finance company makes a loan to a business by buying some of its accounts payables for a discount

B$.$ an investment bank underwrites an initial public offering of stock

C$.$ a finance company buys a company's accounts receivables at a discount.

D$.$ a number of insurance companies join forces to insure against a very large risk