When a company factors its accounts receivable, it
A) enters into a lending agreement with the institution to receive cash on specific customer accounts.
B) sells individual accounts to a financial institution.
C) uses these accounts only as a collateral for a loan.
D) transfers the accounts but retains title of the accounts until the loan is paid.
B
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Standby equipment held for use in the event of a breakdown of regular equipment is reported as property, plant, and equipment on the balance sheet
Indicate whether the statement is true or false
How does Blue Cross health insurance cover hospitalization?
A) By covering a specific number of days in the hospital B) It pays up to 80% of all usual and customary charges in a semi-private room C) It pays a flat dollar amount per day of hospitalization, regardless of the actual charges incurred D) Hospitalization coverage is not provided by Blue Cross policies
Which tort is concerned with a business attempting to improve itself in the market by interfering with another's business in an unreasonable and improper manner:
a. interference with prospective advantage b. interference with competition c. interference with business practices d. interference with intent e. none of the other choices
The Fourth Amendment to the Constitution provides Robert, an employee of Mattax Paper Co., due process protection from being fired without a hearing by a neutral fact finder.
Answer the following statement true (T) or false (F)