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    Business Environment
  4. Exam
    Exam 3: Business Environment and Related Concepts
  5. Question
    ___________ Is a Short-Term Unsecured Promissory Note Issued by Reputed
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___________ Is a Short-Term Unsecured Promissory Note Issued by Reputed

Question 12

Question 12

Multiple Choice

___________ is a short-term unsecured promissory note issued by reputed business organisations at a price lower than its face value and redeemable at par.


A) Treasury bill
B) Commercial paper
C) Certificate of deposit
D) Promissory note

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