One Advantage to an Issuer of Commercial Paper Is That

question 79

True/False

One advantage to an issuer of commercial paper is that the issuer eliminates the need for maintaining compensating balances and credit lines with a commercial bank.

---

Definitions:

Internal Sensations

Feelings or experiences that originate within the body, such as hunger, thirst, or pain.

Consciousness

The condition of being conscious and able to contemplate one’s own being, perceptions, cognitions, environment, and life events.

Tape-Record

To capture audio or data onto magnetic tape or digital format for storage and later playback.

Thoughts

Mental processes or ideas that are produced by cognitive activities in the brain.