Multiple Choice
Which of the following is(are) true?
A) Secured lenders have lower priority claims than unsecured creditors.
B) Trade credit, commercial paper, and unsecured loans are all methods of financing which require no specific pledging of assets as collateral.
C) Short-term bank debt is used more frequently than trade credit.
D) a and b
Correct Answer:
Verified
Correct Answer:
Verified
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