Multiple Choice
David borrows $2,000 from Matthew and gives him a promissory note.Matthew is the:
A) payee.
B) payor.
C) maker.
D) drawer.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: The amount the bank charges when it
Q53: If your customer does not pay the
Q99: Interest income is on a merchandise company's
Q122: On December 16,an 11%,60-day,$2,000 note was issued
Q123: The maturity date for a four-month note
Q124: The entry to record the cash received
Q125: A promissory note comes due on the:<br>A)discount
Q126: For each of the following, identify
Q128: Betty's Boutique discounts its own 120-day,6%,$25,000 note
Q129: The proceeds can never be less than