A large, well-established company with an impeccable financial record considers borrowing money to meet its short-term financing needs. The company hopes to borrow money using _________ since this form of financing typically carries a lower interest rate than that than commercial banks charge on short-term loans.
A. corporate bonds
B. factoring
C. commercial paper
D. trade credit
Fill in the blank(s) with correct word
Question 2
Corporations are forbidden by law to enter joint ventures.
Indicate whether the statement is true or false
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