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Promissory notes

Authored by Syazana [ALFA]

Business, Mathematics

University

Used 11+ times

Promissory notes
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8 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is maker?

the person borrowing the money

the person loaning the money

the person who lend the money

the person who is making money

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

who is payee?

the person borrowing the money

the person who loaning the money

the person who signs the note

the issuer of the note

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

face value is referring to the

the amount borrowed

amount of debt with interest

amount received on the maturity date

accumulated amount on due

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

who is the maker of the note?

BancZone, Inc

Oliva Zavala

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

who is the payee of the note?

BancZone, Inc

Oliva Savala

6.

MULTIPLE CHOICE QUESTION

3 mins • 2 pts

Media Image

what is the term of the note?

151 days

153 days

180 days

181 days

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

state the face value of the note

10,000

9,900

100

10,100

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