Which of the following are short-term,unsecured promissory notes sold by large businesses?
A) negotiable certificates of deposit
B) repurchase agreements
C) money-market mutual funds
D) commercial paper

Question

Quizplus · Accepted Answer

Commercial paper refers to short-term, unsecured promissory notes issued by large businesses. Negotiable certificates of deposit are also short-term but are usually issued by banks. Repurchase agreements and money-market mutual funds are not used for issuing promissory notes.

Which of the Following Are Short-Term,unsecured Promissory Notes Sold by Large