What Is the Term Used for a Short-Term,unsecured Debt Sold

question 44

Multiple Choice

What is the term used for a short-term,unsecured debt sold by a large company to investors?

• A)commercial paper
• B)retail paper
• C)wholesale paper
• D)unsecured paper
• E)junk bond

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Definitions:

Society

Refers to a group of people living together in a more or less ordered community, sharing customs, laws, and organizations.

Early Rap Music

The genre of music that emerged in the 1970s in African American communities, characterized by rhythmic speaking set to beats.

Mainstream American Society

The dominant social culture in the United States, characterized by widely shared values, norms, and practices.

Underlying Ideology

refers to the fundamental beliefs or principles that subtly influence a group, institution, or line of thought.