Positive outcome would be having a good time with your friend and negative consequences would be getting in trouble if caught and or banned from going to football games
The correct answer would be the first option. A note receivable can be transferred to another party by endorsement. It is described as a current asset of an organization that claims a written promissory note from other organization. It is usually made up of the principal and the interest amount.
Profit is when the selling price is more than the cost price or revenue is more than the cost while loss is the opposite of profit.
