1. Which of the following is essentially unsecured?

A. Repurchase agreement

B. Certificate deposits

C. Commercial papers

D. Treasury bills

2.

I. Creditors have voice in management, thru its voting power. II. Shareholders are prioritized duringliquidation process of the corporation. It is superior to debt in terms of claims from corporate assets.

A. True, False

B. False, False

C. True, True

D. False, True

3. Cryptocurrency or use of virtual currency is

A. Allowed by law in the Philippines

B. Easy to counterfeit and easy to be use in trade to small and big companies

C. Centralized system based on blockchain technology

D. None of the above