Which of the Below Statements Is FALSE

question 8

Multiple Choice

Which of the below statements is FALSE?

• A) Commercial paper is rated by the government.
• B) Commercial paper can be directly placed by the issuer or issued by using the services of an agent or intermediary.
• C) Other countries have developed their own commercial paper markets, and there is a Eurocommercial paper market.
• D) By using credit support, smaller and less well-known companies with lower credit ratings have been able to issue paper.

---

Definitions:

Preoperational Stage

A phase in Piaget's theory of cognitive development (ages 2-7) where children begin to engage in symbolic play but lack the ability to perform operations or use logic.

Cognitive Development

A field of study in psychology focusing on a child's development in terms of information processing, conceptual resources, perceptual skill, language learning, and other aspects of brain development.

Ages 2-7

Ages 2-7, in psychological development, typically refer to the preoperational stage in Piaget's theory of cognitive development, characterized by rapid language development and symbolic thinking.

Egocentrism

The inability to differentiate between one's own perspective and that of others, often seen in early childhood development.