Which of the following is an unsecured short-term promissory note issued by a public firm to raise short-term cash, often to finance working capital requirements?

Question

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Commercial paper is an unsecured, short-term promissory note issued by corporations to raise funds for short-term financial needs, such as financing inventory or managing working capital. Unlike options A, B, and C, it does not involve equity issuance or investments from individuals or venture capital firms.

Which of the Following Is an Unsecured Short-Term Promissory Note