Question: Answer true or false to the following statements: 1. A promissory note is oral. 2. A payee is to whom the note is payable.

Answer true or false to the following statements: 1. A promissory note is oral. 2. A payee is to whom the note is payable. 3. Most promissory notes are interest free. 4. The maturity date is when the note begins. 5. The make of the note is the lender.

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