Question: When referring to a note receivable or promissory note a . the note may be used to scttle an account receivable b . the note

When referring to a note receivable or promissory note
a. the note may be used to scttle an account receivable
b. the note cannot be factored to another party
c. the maker is the party to whom the moncy is due
d. the note is not considered a formal credit instrument
When referring to a note receivable or promissory

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