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
marysya [2.9K]
2 years ago
10

Failure by a promissory notes maker to pay the amount due at maturity is known as_________.

Business
1 answer:
Andreas93 [3]2 years ago
5 0

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

A dishonored note is a that  promissory note which has not been paid by a debtor in a given  reasonable amount of time.  It causes the creditor to write off the recorded revenue as a  bad debt.

With the help of promissory note, a buyer  can make a short-term commitment to pay any supplier for merchandise within the stated time period and  also at a certain interest rate.

In order to properly record a dishonored note in the financial journal of the organization one must first decide whether he is  expecting to  collect payment eventually or not.

A bill is  always considered as dishonored either by non-acceptance or by non-payment of the bill.

To know more about dishonored note here:

brainly.com/question/9220878

#SPJ4

You might be interested in
_________ management emphasized internal operations because managers were concerned primarily with meeting the explosive growth
xenn [34]

Answer:

Systematic management

Explanation:

Systematic management is an approach of management which focus on the process of the management instead of the final outcome. The objectives of this approach to the management are:

To establish the particular procedures and processes to be used in the completion of the job task.

So, the systematic management is the one which focus on the internal operations as managers are concerned with the growth brought about through the Industrial Revolution.

5 0
3 years ago
The second number given with a hazard class is referred to as
sesenic [268]
The division is the second number given to a hazard class. According to Wikipedia.com, the "HAZMAT Class<span> 2 in United States law includes all gases which are compressed and stored for transportation. </span>Class<span> 2 has three </span>divisions<span>: Flammable (also called combustible), Non-Flammable/Non-Poisonous, and Poisonous." Furthermore, it is one of the safety precautions done by the U.S. to regulate volatile and poisonous compounds.</span><span />
5 0
3 years ago
Explain why a city council meeting to discuss hiring more city employees must be open to the public, while a meeting to discuss
ad-work [718]

Answer:

The answer is because people should know who is coming into office, but they do not have the right to know why someone is being fired for private reasons.

Explanation:

It’s important for the hiring discussion to be made public by the city council since it relates to the use of public funds to compensate these additional workforces. In contrast, firing processes do not relate to incurring funds and thus the public does not need to know about the reasons of the firing.

7 0
3 years ago
Merchandise that arrives in the delivery truck ready to be sold is considereda. Floor-readyb. Lead time synchronized c. Synthesi
Naddik [55]

Answer:

The correct answer is letter "A": Floor-ready.

Explanation:

Floor-ready merchandise is goods shipped pre-ticketed and tagged according to the sale requirements of a store. The pre-ticketing and tagging of the goods take place before the products reach the destination. This kind of merchandise has the most similar demonstration of the product as if it would have been displayed in the store.

3 0
3 years ago
A ________ is a contract that provides that a seller of a business or an employee will not engage in a similar business or occup
Mariulka [41]

Answer:

The answer is non-compete agreement

7 0
2 years ago
Other questions:
  • Susan quit her job as a teacher, which paid her $36,000 per year in order to start her own catering business. She spent $12,000
    14·1 answer
  • Consider the following transactions for Huskies Insurance Company: Equipment costing $34,200 is purchased at the beginning of th
    7·1 answer
  • Crimson Corp. has a component that is a discontinued operation. The component incurred a loss from operations of $40,000. The co
    14·1 answer
  • ____ 16. a decrease in the price of domestically produced nuclear reactors will be reflected in
    13·1 answer
  • Describe an example of a company that manufactures a product.
    14·1 answer
  • The production team of Widget Corp., a furniture manufacturer, has determined the amount of wood, metal, fabric, labor hours, ca
    12·1 answer
  • BrewCo sells coffeemakers for $120 each. The firm currently has variable costs per unit of $65. If BrewCo is able to reduce its
    13·1 answer
  • How has Apple been able to sustain its competitive advantage in the smartphone industry?A. by reducing its network effects B. by
    15·1 answer
  • Which accurately describes full-service brokers?
    12·1 answer
  • What is involved in the process of reconciliation?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!