Which of the following types of short-term financing is usually only available to large firms with high credit ratings?

a. Trade credit
b. Unsecured bank loan
c. Commercial paper
d. Promissory note
e. Factoring

c. Commercial paper

Business

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With some exceptions, the statutory period is deferred during the infancy of a minor patient and starts to run only on the patient's 20th birthday.

a. true b. false

Business

Which of the following is NOT an underlying assumption of the EOQ?

A) constant unit price B) variable carrying cost C) instantaneous delivery D) uniform demand

Business