Author Question: A large, well-established company with an impeccable financial record considers borrowing money to ... (Read 93 times)

Caiter2013

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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

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Answer to Question 1

commercial paper

Answer to Question 2

False



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