Commercial Paper Has Which of the Following Advantages to the Issuer

question 40

Multiple Choice

Commercial paper has which of the following advantages to the issuer?

• A) It may be issued below the prime rate.
• B) It requires no compensating balances.
• C) It is secured by corporate assets to protect the buyer.
• D) a and b are both correct.

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Definitions:

Nonverbal Communication

The process of conveying a message without the use of words, through body language, facial expressions, and other visual cues.

Eye Contact

The act of looking directly into another person's eyes, which can convey a range of emotions and intentions.

Powerful

Having great power, strength, or influence.

Nonverbal Communication

The process of conveying a message without the use of words, which can include facial expressions, body language, and gestures.