Which of the following may be a liability of a non-financial business corporation?
A) commercial paper
B) Federal Funds
C) Treasury securities
D) agency securities

Name: Which of the following may be a liability of a non-financial business corporation? A) commercial paper B) Federal Funds C) Treasury securities D) agency securities
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Question

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Commercial paper is a short-term unsecured promissory note issued by corporations to raise funds, and it represents a liability for the issuing corporation.

Which of the Following May Be a Liability of a Non-Financial