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    Accounting Study Set 1
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    Exam 9: Receivables
  5. Question
    If the Maker of the Note Fails to Pay on the Maturity
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If the Maker of the Note Fails to Pay on the Maturity

Question 115

Question 115

True/False

If the maker of the note fails to pay on the maturity date,the note is said to be dishonored.

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