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Oksi-84 [34.3K]
3 years ago
13

Which one of these statements about promissory notes is incorrect? A promissory note is more liquid than an account receivable.

The party making the promise to pay is called the maker. The party to whom payment is to be made is called the payee. A promissory note is not a negotiable instrument.
Business
1 answer:
olga2289 [7]3 years ago
7 0

Answer: A promissary note is not a negotiable instrument.

Explanation:

A promissary note is a financial instrument written by an issuer or maker to a payee promising a definite amount of money at a specified date.

A promissary note can either be negotiable or not. It becomes non-negotiable when certain conditions are met. Some of the conditions include:

1. A specific amount has been agreed upon by both parties

2. There are no conditions to be met before payment can be made.

Therefore, the statement, 'a promissary note is non negotiable' is false

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Jeremy wants to avoid conflict with his new coworkers. He should treat them all with respect.

Option B is correct answer.

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Conflict is a difference or disagreement between two or more people. Conflict in the workplace is a normal part of human interaction, yet, handling and resolving conflicts that arise is probably one of the biggest challenges employees face.

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Ethical dilemma

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Tammy's take-home pay is $800 a month. 7% of her take-home pay is spent on her cell phone bill. how much is tammy's monthly cell
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The correct answer is letter "E": are necessary to set and to achieve because adequate profitability and financial strength increases a company's long-term health.

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