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The difference between commercial paper and a bill of exchange is that: A: a bill of exchange is a short - term debt instrument whereas
The difference between commercial paper and a bill of exchange is that:
A: a bill of exchange is a shortterm debt instrument whereas commercial paper is not.
B: in a bill of exchange, the issuer and an acceptor are parties to the instrument, as opposed to only the issuer to a commercial paper instrument.
C: only a bill of exchange can be traded in an active secondary market.
D: none of the above.
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