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 as they do not require any collateral to be pledged. A floating lien, on the other hand, is a form of secured short-term credit where assets are used as collateral.

Which of the Following Is Not a Source of Unsecured