Question

Which of the following is not a characteristic of commercial paper? Multiple Choice Ο Issued by large prestigious firms Ο One
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Answer #1
Option B
Commercial paper is a short term debt instrument issued by the company to meet its inventory needs, Accounts Payable needs. They are unsecured and must be paid typically within 270 days
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Answer #2
Issued on multiples of 1lacs
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Answer #3
Issued on multiples of 1lacs
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Answer #4
Issued on multiples of 1lacs
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Answer #5
Issued on multiples of 1lacs
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