Which of the Following Is an Advantage of Using Commercial

question 70

Multiple Choice

Which of the following is an advantage of using commercial paper for short-term credit?

• A)The interest rate is usually lower than for equivalent bank loans.
• B)It is a readily available source of credit for most firms
• C)It is a type of free credit.
• D)It can be issued for very small amounts.

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Definitions:

Prescription Drug Plan

A health insurance plan or coverage that specifically provides benefits for medication prescribed by healthcare professionals.

Medicare

A federal health insurance program in the United States for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease.

George W. Bush

The 43rd President of the United States, serving from 2001 to 2009, known for his responses to the 9/11 attacks and initiation of the Iraq War.

Preemptive Action

A strategy or military action taken to neutralize a perceived threat before it can become a reality, often to prevent an imminent attack.