Question: When referring to a note receivable or promissory note the note may be used to settle an account receivable the note cannot be factored to

When referring to a note receivable or promissory note
the note may be used to settle an account receivable
the note cannot be factored to another party
the maker is the party to whom the money is due
9 the note is not considered a formal credit instrument
When referring to a note receivable or promissory

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