Which of the Below Statements Is FALSE

Multiple Choice

Which of the below statements is FALSE?

A) Commercial paper is rated by the government.
B) Commercial paper can be directly placed by the issuer or issued by using the services of an agent or intermediary.
C) Other countries have developed their own commercial paper markets, and there is a Eurocommercial paper market.
D) By using credit support, smaller and less well-known companies with lower credit ratings have been able to issue paper.