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  3. Study Set
    Principles of Managerial Finance
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    Exam 16: Current Liabilities Management
  5. Question
    Notes Payable Can Be Either Spontaneous Secured or Spontaneous Unsecured
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Notes Payable Can Be Either Spontaneous Secured or Spontaneous Unsecured

Question 159

Question 159

True/False

Notes payable can be either spontaneous secured or spontaneous unsecured financing and result from the normal operations of the firm.

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