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    Business Law and the Regulation of Business Study Set 2
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    Exam 24: Form and Content
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    Bill Goes to First Bank to Get a Loan
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Bill Goes to First Bank to Get a Loan

Question 15

Question 15

Multiple Choice

Bill goes to First Bank to get a loan. He signs a note and agrees to repay the bank. What is the legal term for Bill's status regarding the note?


A) Payee.
B) Maker.
C) Payor.
D) Drawer.

Correct Answer:

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