What Are Three Important Forms of Long-Term Debt

question 74

Multiple Choice

What are three important forms of long-term debt?

• A) trade credit, accounts payable, and bank loans
• B) term loans, mortgage loans, and bonds
• C) accounts payable, notes payable, and commercial paper
• D) treasury bills, certificates of deposit, and accounts payable

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Definitions:

Principles

Fundamental truths or propositions that serve as the foundation for a system of belief, behavior, or reasoning.

Limitations

Constraints or restrictions that limit the scope, effectiveness, or applicability of something.

Punishment

A method used to reduce or eliminate undesired behaviors by applying adverse consequences or removing positive stimuli.

Negative Side Effects

Unintended, adverse outcomes or reactions resulting from a treatment, medication, or intervention.