Which of the Following Statements Is CORRECT

question 51

Multiple Choice

Which of the following statements is CORRECT?

• A) Commercial paper is a form of short-term financing that is primarily used by large, strong, financially stable companies.
• B) Short-term debt is favored by firms because, while it is generally more expensive than long-term debt, it exposes the borrowing firm to less risk than long-term debt.
• C) Commercial paper can be issued by virtually any firm so long as it is willing to pay the going interest rate.
• D) Commercial paper is typically offered at a long-term maturity of at least five years.
• E) Trade credit is provided only to relatively large, strong firms.

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Definitions:

Clairvoyance

The supposed ability to gain information about an object, person, location, or physical event through means other than the known human senses.

Precognition

The alleged psychic ability to see or know about events before they happen.

Telepathy

The claimed ability to communicate thoughts or information from one mind to another without using known sensory channels.

Psychics

Individuals who claim to possess extraordinary abilities to perceive information hidden from the normal senses, often involving telepathy or clairvoyance.