Question: b. False Answer: Practice Question 25 Which one of these statements about promissory notes is incorrect? a. b. c. d. A promissory note is more

b. False Answer: Practice Question 25 Which one of these statements

b. False Answer: Practice Question 25 Which one of these statements about promissory notes is incorrect? a. b. c. d. A promissory note is more liquid than an account receivable. The party making the promise to pay is called the maker. The party to whom payment is to be made is called the payee. A promissory note is not a negotiable instrument

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