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

Question

Quizplus · Accepted Answer

Commercial paper is a short-term unsecured debt issued by financially strong corporations. Treasury bills are short-term debt securities issued by the government, certificates of deposit are time deposits in banks, and money market deposits are savings accounts with check-writing capabilities.

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