How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Amol Srivastava Your Own Question
Amol Srivastava
Amol Srivastava, Accountant
Category: Finance
Satisfied Customers: 626
Experience:  More than 4years + of industry experience ,CFA level2 cleared, Chartered Accountant from India
15421553
Type Your Finance Question Here...
Amol Srivastava is online now
A new question is answered every 9 seconds

for AMOL 37) Commercial paper that is sold without going through

Customer Question

for AMOL 37) Commercial paper that is sold without going through a broker or dealer is known as
A. book-entry transactions.
B. term paper.
C. dealer paper.
D. direct paper.



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



39) What is generally the largest source of short-term credit small firms?
A. Installment loans
B. Trade credit
C. Commercial paper
D. Bank loans
Submitted: 7 years ago.
Category: Finance
Expert:  Amol Srivastava replied 7 years ago.
37 - D
38 - A
39 - B