Short- term debt instruments, usually unsecured, issued by companies are best described as:
A) T-bills.
B) corporate bonds.
C) commercial paper.
D) asset-backed commercial paper.

Name: Short- term debt instruments, usually unsecured, issued by companies are best described as: A) T-bills. B) corporate bonds. C) commercial paper. D) asset-backed commercial paper.
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Question

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Commercial paper is a short-term, unsecured debt instrument issued by companies to finance their short-term liabilities.

Short- Term Debt Instruments, Usually Unsecured, Issued by Companies Are