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    Fundamental Accounting Principles Study Set 1
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    Exam 9: Accounting for Receivables
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    Failure by a Promissory Notes' Maker to Pay the Amount
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Failure by a Promissory Notes' Maker to Pay the Amount

Question 147

Question 147

Multiple Choice

Failure by a promissory notes' maker to pay the amount due at maturity is known as:


A) Protesting a note.
B) Dishonoring a note.
C) Closing a note.
D) Depreciating a note.
E) Discounting a note.

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