Which of the Following Is NOT a Characteristic of Commercial

question 116

Multiple Choice

Which of the following is NOT a characteristic of commercial paper?

• A) It is issued by large firms.
• B) It has a one- to two-year maturity.
• C) Its rates are usually below prime rates on business loans.
• D) All of these options are commercial paper characteristics.

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Definitions:

Metric Measurement

A system of measurement based on meters, liters, and grams as units of length, volume, and weight respectively.

Joules

A unit of energy in the International System of Units (SI), equivalent to the energy transferred to an object when a force of one newton moves it one meter in the direction of its application.

U.S. Standard Measurement

A system of measurement used primarily in the United States, including units such as inches, feet, and pounds.