Multiple Choice
There are two parties to a note and:
A) the creditor has a note receivable and the debtor has a note payable.
B) the creditor has a note payable and the debtor has a note receivable.
C) the creditor and debtor both have notes receivable.
D) the creditor and debtor both have notes payable.
Correct Answer:

Verified
Correct Answer:
Verified
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