A promissory note may be used to settle an accounts receivable. cannot be factored to another party.
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Question:
A promissory note
may be used to settle an accounts receivable.
cannot be factored to another party.
is not a formal credit instrument.
has the party to whom the money is due as the maker.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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