Martin Borrows $15, 000 from Tom, in the Form of a Check

question 28

Multiple Choice

Martin borrows $15, 000 from Tom, in the form of a check, and signs a promissory note, promising to pay Tom this amount plus 10 percent interest in one year.Tom indorses the note and negotiates it to Fronston.Fronston indorses the note and negotiates it to Liza.Liza presents the note to Martin for payment when the note is due.Martin refuses to pay the note.Who is secondarily liable to pay Liza?

• A)Tom
• B)Frontston
• C)all liabilities lie with Martin
• D)the bank that issued the check to Tom

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Brand Name

The unique designation given to a product or service by its maker to distinguish it from competitors.

Promotion Program

A coordinated set of activities designed to increase consumer awareness, interest, and sales of a product or service.

Set the Budget

The process of allocating financial resources for specific activities, projects, or business operations.

State the Mission

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