🎴 Flashcard Mode
Trade Credit and Commercial Papers - Short-term Finance
Card1 / 25
Mastered0
Review0
QuestionClick to flip
Commercial papers provide _______ funds as compared to other sources.
AnswerClick to flip back
A
more
💡 Explanation:
The size of money that can be raised through commercial paper is limited to the excess liquidity available with the suppliers of funds at a particular time. Commercial paper provides more funds as compared to other sources.