A short term loan where the lender holds the borrower 's receivables as security is called Multiple Choice A banker 's acceptance Accounts receivable financing A letter of credit Factored receivables financing A bond ...

The Answer is in the image, click to view ...

A short-term loan where the lender holds the borrower's receivables as security is called: Multiple Choice A

Fantastic news! We've Found the answer you've been seeking!

Question:

A short-term loan where the lender holds the borrower's receivables as security is called:

Multiple Choice

A banker's acceptance.
Accounts receivable financing.
A letter of credit.
Factored receivables financing.
A bond.

Posted Date: Jun 09, 2024 06:05 AM

See More Questions

Transaction data and journal entries for Pickert Real Estate Agency are presented in E3-7 and E3-8. Instructions (a) Post the transactions to T accounts. (b) Prepare a trial balance at October 31,...
What are the x-intercepts, y-intercept and vertex of the graph with the equation y=(x-1)(x-2)(x-3) - (x-2)(x-3)(x-4)
Statement of Partnership Liquidation On August 3, the firm of Chapelle, Rock, and Pryor decided to liquidate its partnership. The partners have capital balances of $14,000, $102,000, and $86,000,...
Suppose you are the Google manager in charge of making the decision about whether to introduce self-driving cars as a product for the general public. Suppose that if the car is introduced, there is a...
A residential house is 61'-6" wide and 32' deep and 8' high is to be finished with brick masonry. the number of widows and doors are as follows: Windows: (1-6' X 3'), (3-4'x3'), (2-'4'x4') Doors...
Direct Materials$3.00 per unit MOD$2.00 per unit Manufacturing supplies $0.40 per unit Delivery costs$ 0.15 per unit Seller Commissions$ 0.75 per unit Fixed costs: Depreciation of Machinery and...
Explain the difficulties that central banks face in controlling the economy in the manner desired? Give examples to justify your answer. List, describe and compare the different types of lags of...
1. What is the "goal?" 2. How does Jonah define productivity? How would a traditional factory define productivity? 3. What is a "Herbie?" 4. What are the three operational measures that Alex learns...
(a) What is the main assumption of the Born-Oppenheimer approximation? (b) Using the Born-Oppenheimer approximation, write the Hamiltonian for the H2 molecule (also, draw the diagram). Indicate the...
Suppose you invest $10,000 in an investment that provides a return of 10% in the first year, 15% in the second and third years, and 12% in the fourth year. The investment has no cash flows, but...
Island Corporation invested $1,000,000 in a new product on January 1, 2000. This product generated cash flows of $800,000 the first year, $400,000 the second year, and $200,000 the third year. At the...
The Abel Company invested $100,000 in an investment that produced cash flows of $35,000 at the end of the first year, $45,000 at the end of the second year, and $50,000 at the end of the third year....

A short-term loan where the lender holds the borrower's receivables as security is called: Multiple Choice A

Question:

Expert Answer:

Students also viewed these finance questions