Author Question: A large, well-established company with an impeccable financial record considers borrowing money to ... (Read 34 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
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



duke02

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

commercial paper

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

For a complete list of videos, visit our video library