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klemol [59]
3 years ago
9

A legal written promise to pay borrowed money back at a fixed rate of interest over a fixed period of time is a

Business
1 answer:
andrey2020 [161]3 years ago
8 0

The answer is Promissory Note

Explanation:

The most common document used to register a loan and guarantee this is paid back is a Promissory Note. In this, the parties involved register the amount of money that was borrowed and the borrower promises through the document to pay this amount of money before a fixed specific date. Also, promissory notes register the rate of interest that will be paid by the borrower. Besides this, a promissory note is a legal document that registers the loan and can be used as a legal instrument in case the money is not paid back.

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blagie [28]
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Source and explanation: <span>https://goo.gl/EfAAxu</span>
4 0
3 years ago
________ costs are costs that limit the occurrence of defects and imperfections. prevention failure process assessment appraisal
ddd [48]
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3 years ago
An example of global dependency is when products are produced and used in the same country? True or false
alexandr402 [8]

Hello there,

An example of global dependency is when products are produced and used in the same country?

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8 0
3 years ago
The Gardner Company expects sales for October of $247,000. Experience suggests that 40% of sales are for cash and 60% are on cre
LenKa [72]

Answer: $74100

Explanation:

Based on the information given, the amount of cash expected to be collected in October will be calculated thus:

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6 0
2 years ago
What line item flows from the statement of retained earnings to the balance​ sheet?
-Dominant- [34]

Answer:

Retained Earnings

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3 0
3 years ago
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