Question
Factoring and forfeiting are two different ways of
extending credit by financial institutions. Which of the following is NOT a difference between factoring and forfeiting?Solution
In Factoring the seller receives payment in 2 installments; majority (around 75-90%) is received at the time of sale of invoice and the balance at the end of the invoice maturity. While in forfeiting the funding is provided 10% upfront at the time of sale of export invoice.
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Two statements are given followed by two conclusions, numbered I and II. Assuming that the information given in the statements is true, even if it seems...
Statements: Some giraffe are zebra.
All zebra are kangaroo.
Conclusions: I. Some gir...
Statement:
No Boys is Father
All Boys are Men
All Father are Men
Conclusion:
I. Some Father are not Boys ...
In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if ...
Two statements are given, followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance fro...
Statements :
All sparrows are parrots.
No parrot is bird.
All birds are peacocks.
Conclusions:
I. Some birds are ...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statements:
No key is a lock.
All locks are doors.
All windows are doors.
All windows are walls.
Conclusions:
Statement:
Only a Few DairyMilk are Kitkat.
No Kitkat is Fiverstar.
Conclusion:
I. All DairyMilk are Fivest...
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