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20.Commercial paper is a secured promissory …

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20.Commercial paper is a secured promissory note. (true or false nd give reason)

Posted by Maneesha Tiwari 4 years, 10 months ago

CBSE > Class 12 > Business Studies

3 answers

Aditi Chaturvedi 4 years, 10 months ago

False because it is not backed by collateral, only firms with high credit rating will be able sell them.

Komal Poddar? 4 years, 10 months ago

True

Anshu Sehrawat 4 years, 10 months ago

False

ANSWER

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This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

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