A __________ is any type of loan whereby one party offers to lend a specific amount of money with repayment in the future.
A) warranty
B) offer
C) promissory note
D) None of the choices are correct.

Question

Quizplus · Accepted Answer

A promissory note is a financial instrument that contains a written promise by one party (the note's issuer or maker) to pay another party (the note's payee) a definite sum of money, either on demand or at a specified future date.

A __________ Is Any Type of Loan Whereby One Party