Tobit Financing offers short-term financing plans to other companies. It buys the accounts of other companies at a discount and collects the full amount from the customers of those companies. Which of the following short-term financing options is being provided by Tobit Financing in this scenario?

A. Short-term bank loans
B. Commercial paper
C. Factoring
D. Trade credit


Answer: C

Business

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In which of the following types of business organizations do the owners have unlimited personal liabilities for the business's debts?

A) general partnerships B) S Corporations C) C Corporations D) limited liability companies

Business

Answer the following statements true (T) or false (F)

1. If the intent of a meeting is simply to convey information, rather than accomplish a given objective, it is probably better to send a memo or email instead. 2. Starting and ending meetings late can actually help creativity and performance by ensuring attendees have enough time to get settled and sufficient time to discuss all agenda items. 3. A meeting should begin by opening with the agenda. 4. In meetings, bored members are slackers that withhold their effort and fail to perform their share of the work. 5. Whenever you work in a group, do not embarrass, intimidate, or argue with any members, no matter how much they provoke you.

Business

The identification information on a résumé should include all of the following except

A) your name as you normally sign it (with or without a middle name or initial). B) a telephone number where you can be reached. C) your college and home addresses if you will soon be moving. D) your preferred personal title (Mr., Mrs., Ms.).

Business

An investments total return consists of its current return plus its future return

Indicate whether the statement is true or false.

Business