If the Maturity of a Debt Instrument Is Less Than

question 92

Multiple Choice

If the maturity of a debt instrument is less than one year,the debt is called

• A)short-term.
• B)intermediate-term.
• C)long-term.
• D)prima-term.

---

Definitions:

Particular Way

A specific manner, method, or approach to doing something.

Problem

A situation, condition, or issue that needs to be resolved.

Mental Set

A cognitive framework consisting of a person's usual way of approaching and solving problems, often leading to a fixation on previous solutions.

Inhibit

To hold back, hinder, or restrain an action, process, or behavior.