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Regarding a Promissory Note,the Party Who Makes a Promise to Pay

Question 77

Multiple Choice

Regarding a promissory note,the party who makes a promise to pay is the ________ of the note,and the party to whom the promise to pay is made is the ________.


A) drawer; holder in due course
B) drawee; holder in due course
C) drawer; payee
D) drawee; payee
E) maker; payee

Correct Answer:

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