menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 26
  4. Exam
    Exam 4: Cash and Receivables
  5. Question
    The Person or Business to Whom the Signer of a Promissory
Solved

The Person or Business to Whom the Signer of a Promissory

Question 56

Question 56

Multiple Choice

The person or business to whom the signer of a promissory note promises a future payment is called the:


A) drawer
B) principal party
C) payee
D) maker

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q51: If the bookkeeper mistakenly records a deposit

Q52: The acceptable acid-test ratio varies by industry.

Q53: In a bank reconciliation, an EFT cash

Q54: After a customer's account has been written

Q55: If a bank statement included an NSF

Q57: Under the allowance method, the entry to

Q58: One of the benefits of extending credit

Q59: Which of the following are excluded from

Q60: One of the benefits of using cheques

Q61: Under the allowance method, the entry to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines