FIN200 Online Busines Degree. Final Exam Answer 36
Which of the following is not a true statement about commercial paper?
A. Finance paper is also referred to as direct paper.
B. Industrial companies, utility firms or finance companies too small to sell direct paper sell dealer paper.
C. Dealer paper is sold directly to the lender by a finance company.
D. Finance paper is sold directly to the lender by the finance company.
