1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svet_ta [14]
2 years ago
6

Failure by a promissory notes maker to pay the amount due at maturity is known as?

Business
1 answer:
Inessa [10]2 years ago
5 0

Failure via a promissory note's maker to pay the quantity due at adulthood is called. Paid in full.

Simplest makers and acceptors (drawees that promise to pay whilst the tool is supplied) are difficult to primary legal responsibility. The maker of a promissory is aware and guarantees to pay the be aware. An acceptor is a drawee that guarantees to pay an instrument whilst it's far presented later for a charge.

The maker: This is largely the individual that makes or executes a promissory word and can pay the quantity therein. The payee: The person to whom a notice is payable is the payee. The holder: A holder is basically the individual that holds the notes. He may be both the payee or some different man or woman.

The man or woman who guarantees to pay is the maker, and the man or woman to whom the fee is promised is referred to as the payee or holder. If signed by using the maker, a promissory notice is a negotiable device.

Learn more about promissory notes maker here: brainly.com/question/13190015

#SPJ4

You might be interested in
The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance
frez [133]

Answer:

bank statement                                          56,300

Checks outstanding                                  (25,390)

Deposit in transit not recorded by bank<u>    13,325  </u>

Adjusted bank statement                           44,235‬

Cash account                                       42,920

Bank debit memo for service charges      (35)

check register error:                         <u>       1,350   </u>

Adjusted cash account                         44,235

Explanation:

The procedure is to adjust for the unknow information and mistake of each party.

The bank is unaware of the check outstanding and deposit in transit

The company thanks to the banbk statement gets information about a mistake in his check register as it was posted for 1,500 when it should be 150.

6 0
4 years ago
B2B markets differ from B2C markets because: Group of answer choices salespeople personally call on business customers to a far
yKpoI14uk [10]

Answer:

salespeople personally call on business customers to a far greater extent than they do consumers.

Explanation:

Business to business (B2B) markets differ from Business to consumers (B2C) markets because salespeople personally call on business customers to a far greater extent than they do consumers.

Under the B2B sells its products directly to other businesses such as wholesalers or retailers and not the end consumers.

On the other hand, the B2C market involves businesses selling their goods and services directly to the end consumers or users for personal use.

6 0
4 years ago
Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is
sasho [114]

Answer:

$25,800

Explanation:

The units-of-production deprecation method depreciates an asset based on the total units produced each year.

Unit of production depreciation expense = (units produced / total expected units of production) × (cost of asset - salvage value)

(64,500 / 300,000) x ($135,000 - $15,000)

0.215 x $120,000 = $25,800

I hope my answer helps you

6 0
3 years ago
The acronym now, when used by financial institutions, stands for ________ and is a type of interest-bearing checking account.
ololo11 [35]

The answer is negotiable order of withdrawal or short for the acronym NOW. The acronym NOW, when it is used in terms of financial institutions, in stands for Negotiable Order of Withdrawal, it is a type of interest-grossing checking account wherein a patron or customer is allowed to create drafts against cash held on deposit or in short words, the owner of the account can write an unlimited amount of checks for drafts or to be used.

5 0
3 years ago
According to the video, what qualities do Carpenters need to have? Select three options.
r-ruslan [8.4K]

Answer:

what video? there is no video

8 0
3 years ago
Read 2 more answers
Other questions:
  • Bank overdrafts, if material, should bea. reported as a current liability.b. reported as a deduction from the current asset sect
    5·1 answer
  • In the movie 9 to 5​, Maria Delgado worked mornings and her​ sister, who came in a few minutes before Maria​ left, worked the sa
    9·2 answers
  • If monopolistic competitors must expect a process of entry and exit like perfectly competitive firms, Group of answer choices
    5·2 answers
  • A firm has zero debt in its capital structure. Its unlevered cost of capital is 9%. The firm is considering a new capital struct
    10·1 answer
  • Suppose the average income of a citizen of Poland is higher than the average income of a citizen of Romania. You might conclude
    10·2 answers
  • Mr. Green enters into a contract with Mr. Blue who is a crab fisherman. Mr. Green and Mr. Blue know that Mr. Blue has already ca
    13·1 answer
  • On December 31 of the current year, Sam Company was merged into Paul Company. In carrying out the business combination, Paul Com
    14·1 answer
  • Adam kisses the sleeve of Eve’s blouse, an act to which she did not consent. Has Adam committed a tort and if so, which one? Exp
    6·1 answer
  • Script between manager and customer while returning a product? ​
    7·1 answer
  • Prob(Total time in process &gt; t) = EXP(-t/T) T = (1/(Rp - Ri)) = (1 / Rs) R = min(Ri, Rp) u=R/Rp Dominic runs an appliance rep
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!