Which of the following is NOT a source of unsecured short-term credit?
A) trade credit
B) a line of credit
C) floating lien
D) commercial paper

Question

Quizplus · Accepted Answer

Trade credit, a line of credit, and commercial paper are all sources of unsecured short-term credit. However, a floating lien is a type of secured credit where a lender places a lien on a company's assets as collateral, making it not an unsecured source of credit.

Which of the Following Is NOT a Source of Unsecured