_____ consists of short-term (and usually unsecured) promissory notes issued by large corporations.
A) Line of credit
B) Factoring
C) Commercial paper
D) Trade credit

Name: _____ consists of short-term (and usually unsecured) promissory notes issued by large corporations. A) Line of credit B) Factoring C) Commercial paper D) Trade credit
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

Commercial paper is a short-term, unsecured promissory note issued by large corporations to meet immediate financing needs.

_____ Consists of Short-Term (And Usually Unsecured) Promissory Notes Issued