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
Nina [5.8K]
3 years ago
10

Jake is the maker of a $2,000 promissory note payable to Kim. Kim indorses the note to Lou who, in turn, indorses it to Mona, wh

o then indorses it to Nat, the present holder. Suppose that Mona pays Nat on the note. With timely notice to the proper parties, Mona may collect payment on the note from:
Business
1 answer:
STatiana [176]3 years ago
7 0

Answer:

a. Jake, Kim, or Lou.

Explanation:

A promissory note is a note that should be signed with written promise in terms of paying some specific amount to the note owner on a specifiic date or on demand.

Since in the question it is mentioned that Jake who is a maker and pay to Kim and then it would endorse to Lou

So here the Mona should collect the payment from the above three parties

hence, the correct option is A.

You might be interested in
who has right to levy taxes on the income of individuals and businesses by the ruling of the 16th amendent of the constitution t
Alexxandr [17]
The 16th amendment allows Congress to the power of levy taxes, both individual and business, without apportionment by states.
8 0
3 years ago
As Quentin checks out of a hotel, he recalls the expectations of quality and service he had upon arriving at the hotel and reali
Soloha48 [4]

Answer:

Experiential

Explanation:

Experiential is the term which is defined as something experiential and it comes from the real world or from experience. It is the procedure of learning through a experience, which is particularly stated as learning by reflection on doing.

So, in this case, the Quentin checks into a hotel, where on arriving he realizes that grounded on expectations, he is not thrilled with the experience. Therefore, this kind of purchase is defined as experiential.

3 0
4 years ago
Suppose a politician is in charge to spending public funds. he can give a contract to a company that is not the best bidder, or
r-ruslan [8.4K]

This is an example of kickbacks. This is a type of negotiated inducement in which a commission is remunerated to the bribe-taker in payment for services accomplished. In general, the payment for cash, goods, or services handed over is discussed in advance or ahead of time.

3 0
4 years ago
What does the process of designing marketing channels start​ with?
umka21 [38]

The journey of a manufactured goods from its raw materials to a consumer’s hands is its marketing channel. The initial step in scheming a marketing channel is recognizing what the target consumer necessitates. Getting this step right is critical, or you’ll wind up with a mound of unsold goods. Market research is a complicated industry, but with the correct implements and direction, you can make a high-demand good that essentially sells itself.

3 0
3 years ago
Working with people sometimes requires special techniques – what are some for graphic designer job?
Jlenok [28]
<span>Here are 3 graphic designer jobs people can get multimedia artist and animator,web developer,and Art director </span>
6 0
3 years ago
Other questions:
  • Here is the income statement for Larkspur, Inc.
    12·1 answer
  • The income statement debit column of the worksheet showed the following
    14·2 answers
  • The following is a partial trial balance for the Green Star Corporation as of December 31, 2013: Account Title Debits Credits Sa
    13·1 answer
  • What is the goal of all economic decisions in a market economy?
    5·1 answer
  • Jerry is a working-class black man with good credit. He needs to take out a loan to pay for some improvements to his house. Seve
    14·1 answer
  • Last month, Mishika, a secretary in a large university, complained to OSHA that the air in her office made her sick. She could s
    5·1 answer
  • Does net periodidc pension cost show on the income statement?
    6·1 answer
  • RKI Instruments borrowed $4,100,000 from a private equity firm for expansion of its facility for manufacturing carbon monoxide m
    15·1 answer
  • You're given a monthly budget of $400 for social media advertising. You want to set a daily budget for February to insure you do
    10·1 answer
  • suppose that a country imports $90 million worth of goods and services and exports $80 million worth of goods and services. what
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!