The promissory notes issued by company for short term fund raising are unsecured are classified as Options: A . &nbspunsecured notes B . &nbspdebt paper C . &nbspterm paper D . &nbspcommercial paper

The promissory notes issued by company for short term fund raising are unsecured

Question

The promissory notes issued by company for short term fund raising are unsecured are classified as

Options:

A . unsecured notes

B . debt paper

C . term paper

D . commercial paper

Answer: Option D
Answer: (d).commercial paper

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