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    Business
  3. Study Set
    College Accounting Study Set 2
  4. Exam
    Exam 14: Notes Receivable and Notes Payable
  5. Question
    Failure of Maker to Pay the Maturity Value of a Note
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Failure of Maker to Pay the Maturity Value of a Note

Question 42

Question 42

Multiple Choice

Failure of maker to pay the maturity value of a note when due is considered a(n) :


A) honored note.
B) equipment exchange.
C) default.
D) None of the above.

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