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MULTIPLE CHOICE 1. Commercial paper developed from the following needs EXCEPT: a. Move freely and efficiently in financial transactions. b. Act as a substitute to

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MULTIPLE CHOICE 1. Commercial paper developed from the following needs EXCEPT: a. Move freely and efficiently in financial transactions. b. Act as a substitute to money. c. Eliminate the need for written contractual obligations. d. Represent a credit transaction. Chapter: 24.1 Difficulty: 1 Type: Factual

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