Question: Define the following terms: a. Maker b. Payee c. Principal d. Interest e. Maturity date f. Collateral

Define the following terms:
a. Maker
b. Payee
c. Principal
d. Interest
e. Maturity date
f. Collateral

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a Maker The borrower or debtor b Payee The person to whom the note is made payable ... View full answer

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