A ________ is a short-term, unsecured promissory note issued by firms with a high credit standing. ...

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A ________ is a short-term, unsecured promissory note issued by firms with a high credit standing. ...

A ________ is a short-term, unsecured promissory note issued by firms with a high credit standing. These notes are primarily issued by commercial finance companies.
A) line of credit
B) commercial paper
C) revolving line of credit
D) T-bill

Textbook

Principles of Managerial Finance

Edition: 14^th

Authors: Gitman, Zutter

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