The person or company promising to pay the note plus interest when it comes due is known as the
A) drawee.
B) creditor.
C) maker.
D) payee.
Correct Answer:
Verified
Q6: A promissory note from the payee's point
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Q8: The principal amount on a $1,800, 4%,
Q9: The due date of a promissory note
Q10: Principal refers to:
A) the amount of interest
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Q14: Using a 360-day year, interest calculated for
Q15: Interest on a $3,000, 5% promissory note
Q16: The maturity date for a 94-day note
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