Which is one of the main differences between a note payable and a bond payable?
A) a fixed maturity date
B) interest payments
C) security
D) not usually traded on a public stock exchange

Name: Which is one of the main differences between a note payable and a bond payable? A) a fixed maturity date B) interest payments C) security D) not usually traded on a public stock exchange
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Question

Quizplus · Accepted Answer

Notes payable are often not traded on public exchanges, whereas bonds payable are commonly traded, making them more liquid.

Which Is One of the Main Differences Between a Note