Which of the following is a short-term unsecured debt issued by a financially strong corporation?
A) treasury bill
B) certificate of deposit
C) money market deposit
D) commercial paper

Question

Quizplus · Accepted Answer

Commercial paper is a short-term unsecured debt instrument that is issued by financially strong corporations to raise funds for their short-term financing needs. Treasury bills are issued by the government, certificates of deposit are issued by banks and money market deposits are a type of savings account offered by banks.

Which of the Following Is a Short-Term Unsecured Debt Issued