Which of the following is not a true statement about commercial paper?

Which of the following is not a true statement about commercial paper?

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


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