Multiple Choice
The person who promises to pay a certain amount of money at a definite future time is called the
A) maker of the note.
B) payee of the note.
C) discounter of the note.
D) endorser of the note.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q35: When a company pays an interest-bearing note
Q36: To obtain an extension of time for
Q37: When a note is received from a
Q38: A debit balance in the discount on
Q39: If the time of the note is
Q41: The proper entry to make when a
Q42: The interest due at maturity on a
Q43: Match the terms with the definitions.<br>-The procedure,
Q44: In computing interest, it is customary to
Q45: The correct entry to make when a