Factoring is an option available to a business to reduce the risk of uncollectible accounts receivable
Indicate whether the statement is true or false
TRUE
You might also like to view...
Gerson has all the skills to be a great manager but he lacks the desire to be anything more than a regular employee. Which factor contributes the most to Gerson’s low performance?
a. motivation b. ability c. resources d. skills
Path-goal leadership theory does not include
a. Directive leadership b. Achievement-oriented leadership c. Empowerment leadership d. Participative leadership
Nino Rota bought a house from Arthur Fiedler. There was a shed on the property, but it was not mentioned in the agreement of purchase and sale
When Nino closed the deal and moved in he saw that the shed structure had been removed by Arthur and only the foundation remained. Which of the following statements is TRUE? A) Nino had a right to the shed because it is part of the land. B) Nino had no right to the shed because it was not mentioned in the agreement of purchase and sale. C) Nino had no right to the shed because it was removed from the transaction. D) Nino had a right to the shed because its inclusion was an implied warranty of the agreement. E) both B and C.
Kip opens an account at a Lotsa Goodies Store, and buys a digital music player and other items, but makes no payments on the account. To collect the debt, Mako, the manager, contacts Kip's parents. This violates
a. no federal law. b. the Fair and Accurate Credit Transactions Act. c. the Fair Debt Collection Practices Act. d. the Truth-in-Lending Act.