It is a short-term, negotiable, self-liquidating instrument which is used to finance the credit sales of firms.

R

Ram Sharma • 193.88K Points
Coach

Q. It is a short-term, negotiable, self-liquidating instrument which is used to finance the credit sales of firms.

(A) Commercial bill
(B) Commercial papers
(C) Call money
(D) None of the above

Correct Answer - Option (A)

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