Financing that matures in one year or less and has specific assets pledged as collateral is called
A. spontaneous financing.
B. unsecured short-term financing.
C. secured short-term financing.
D. none of the above.
Answer:C
Financing that matures in one year or less and has specific assets pledged as collateral is called
A. spontaneous financing. B. unsecured short-term financing. C. secured short-term financing. D. none of the above.