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

question 76

Multiple Choice

What is the term used for a short-term,unsecured debt sold by a large company to an intermediary,who then resells the debt to investors in return for a fee for his or her services?

• A)commercial paper
• B)direct paper
• C)dealer paper
• D)unsecured paper
• E)junk bond

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Definitions:

Inhibit Impulse

The psychological mechanism through which an individual restrains or controls their instincts or desires.

Goal-directed Behaviors

Represents actions that are performed with a specific outcome or goal in mind.

Immediate Reward

A benefit received directly following a certain action or behavior, which can reinforce the behavior and encourage its repetition.

Intrinsic Motivation

Intrinsic motivation is the drive to act for the enjoyment or satisfaction derived from the activity itself, rather than external rewards.