Multiple Choice
The person or company promising to pay the note plus interest when it comes due is known as the
A) drawee.
B) creditor.
C) maker.
D) payee.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q122: For each of the following, identify in
Q123: Jeff Company issues a promissory note to
Q124: Mountain Site discounts a customer's 10%, $2,000,
Q125: The process of endorsing a note and
Q126: On April 4, Noreen Cox negotiated a
Q127: A $10,000, 5% note is dated July
Q128: The maturity date during a leap year
Q129: For each of the following, identify in
Q131: For each of the following, identify in
Q132: Principal refers to:<br>A) the amount of interest