Which of the Following Statements Is FALSE

question 45

Multiple Choice

Which of the following statements is FALSE?

• A)Unlike long-term debt,because of its short maturity,commercial paper is not rated by credit rating agencies.
• B)The interest on commercial paper is typically paid by selling it at an initial discount.
• C)Commercial paper is short-term,unsecured debt used by large corporations that is usually a cheaper source of funds than a short-term bank loan.
• D)Extending the maturity of commercial paper beyond 270 days triggers a registration requirement with the Securities and Exchange Commission (SEC),which increases issue costs and creates a time delay in the sale of the issue.

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Definitions:

Genetic Mutations

Changes in the DNA sequence that can lead to variations in gene function and may result in diverse health conditions or traits.

Synapses

The junctions through which neurons communicate with each other or with muscles or glands, using chemical and electrical signals.

Neuron

A nerve cell that is the basic building block of the nervous system, responsible for transmitting information throughout the body.

Messages

Information or communications sent from one person or entity to another, through a medium, intended to inform, persuade, or entertain.