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    College Accounting Study Set 5
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    Exam 17: Accounting for Notes and Interest
  5. Question
    If the Maker of a Note Refuses or Is Unable
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If the Maker of a Note Refuses or Is Unable

Question 69

Question 69

True/False

If the maker of a note refuses or is unable to pay or renew it at maturity, the note is said to be dishonored.

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