PracticeQuiz content is free on an ad-supported model.

Unfortunately, we can't support ad blocker usage because of the impact on our servers. If you'd like to continue, please disable your ad blocker and reload page.

Reload page

FINRA Series 6

Category - Series 6

Start a Study Session Sign up for Question of the Day

Commercial paper is:

long-term debt issued by commercial banks.
short-term, unsecured debt issued by large corporations.
issued with maturities of 1 to 2 years.
short-term debt that is backed by stocks and bonds that the issuing firm owns.

Explanation

Answer: B - Commercial paper is short-term, unsecured debt issued by large corporations. It generally has a maturity of less than 270 days so that it does not need to be registered with the SEC in order to be offered for sale.

Was this helpful? Upvote!

Start a Study Session Sign up for Question of the Day

Most popular on PracticeQuiz

222 votes

You are attempting to gather information from a patient, but they are having a hard time trying to communicate since they were hit in the throat by a baseball bat. What is the function of the vocal cords? NREMT Advanced EMT
210 votes

An 8-year-old boy named Albert has a 10-year-old brother named Benny. Benny joins the service at 20 leaving Albert feeling bitter that he no longer has a brother to look up to. After 7 years, Albert is finally ready to make up with Benny who has been out of the service for 5 years. How old is Albert now? GED Exam Prep: Math
197 votes

Using motivation from ‘within’ is called ______________. CPCE Exam Prep
185 votes

The lymphatic system contains four organs: Medical Coding Exam Prep
130 votes

“A set of specialized organizational capabilities for providing value to customers in the form of services” is the official definition of: IT Service Management Foundation Practice Test

FINRA Series 6

Top questions

Related questions

Most popular on PracticeQuiz

Ad-Blocker not supported

FINRA Series 6

Top questions

Related questions

Most popular on PracticeQuiz