The three main types of unsecured short-term loans are which of the following?
A) trade credit, bank loans, and commercial paper
B) treasury bills, certificates of deposit, and accounts payable
C) trade credit, accounts payable, and bank loans
D) accounts payable, notes payable, and loans payable

Question

Quizplus · Accepted Answer

Trade credit, bank loans, and commercial paper are common forms of unsecured short-term financing used by businesses.

The Three Main Types of Unsecured Short-Term Loans Are Which