Which method of payment gives the buyer credit by postponing the time for payment?
A) a promissory note
B) a check
C) a draft
D) a certified check

Name: Which method of payment gives the buyer credit by postponing the time for payment? A) a promissory note B) a check C) a draft D) a certified check
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Question

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A promissory note is a legal document in which the buyer promises to pay the seller a certain amount of money at a future date. This postpones the time for payment and gives the buyer credit.

Which Method of Payment Gives the Buyer Credit by Postponing