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13 August, 09:16

Juxipi Inc. is well known for having a stronger credit score than its competitors. That is why, buyers are more willing to buy promissory notes from Juxipi than its competitors. Which of the following short-term financing options is being offered by Juxipi Inc. in the given scenario?

• Commercial paper

Social paper

Residential paper

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Answers (1)
  1. 13 August, 09:24
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    Commercial paper

    Explanation:

    Commercial paper is an unsecured, short period debt tool that is issued by corporations to finance payroll, accounts payable, inventories and other short term liabilities.

    Commercial papers Maturity days is usually within 1-270 days with discount given and also a fixed interest rate.
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