Question: Knowledge Check 0 1 On July 1 8 , Jerry Pope signed a note when he borrowed $ 1 , 2 0 0 at 1

Knowledge Check 01
On July 18, Jerry Pope signed a note when he borrowed $1,200 at 12 percent for 30 days from Second National Bank. In this situation:
Pope is the payee of the note
Pope is the maker of the note
Pope is the principal of the note
The bank is the maker of the note
The bank is the endorser of the note
Knowledge Check 01 On July 18, Jerry Pope signed a note

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