What Is the Term Used for a Short-Term, Unsecured Debt

question 61

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

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Definitions:

Caregivers

Individuals who provide care for another person in need, such as children, elderly, or someone with disabilities, often involving physical, emotional, or financial support.

Abnormal Development

Deviations from typical growth patterns, which can affect physical, emotional, or intellectual development.

Minorities

Groups of people who are different from the larger population in a country or area due to racial, ethnic, religious, or sexual identity, often experiencing disadvantage or discrimination.

Mental Illness

A wide range of mental health conditions that affect mood, thinking, and behavior.