_________ is a short-term, unsecured promissory note issued by firms with a high credit standing. These notes are primarily issued by commercial finance companies.
A. A line of credit
B. Commercial paper
C. A revolving line of credit
D. A self-liquidating loan
Answer:B
_________ is a short-term, unsecured promissory note issued by firms with a high credit standing. These notes are primarily issued by commercial finance companies.
A. A line of credit B. Commercial paper C. A revolving line of credit D. A self-liquidating loan