Question $7($Mandatory$)(1\mathrm{.}33$ points$)$

A wholly owned subsidiary whose primary purpose is to finance sales of the parent company's products and provide wholesale financing to distributors of the parent company's products, and purchase receivables of t company is a

a$)$ factor.

b$)$ leasing agent.

C$)$ captive factoring agent.

d$)$ captive finance subsidiary.