Multiple Choice
David borrows $4,000 from Matthew and gives him a promissory note.David is the:
A) payee.
B) payor.
C) maker.
D) drawee.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: On March 15,Ben Jones negotiated a $25,000
Q6: Interest on a $5,000,15% promissory note for
Q7: The maturity date for a three-month note
Q9: A 3-month note dated September 30 is
Q13: Prepare general journal entries for the Knapp
Q13: Indicate the account(s) to be debited and
Q15: The proper entry to make when a
Q23: Martin Company needs additional time to pay
Q58: On June 1, Mike's Motorcycle Shop accepted
Q81: The proceeds from discounting a note receivable