A) $3,573. B) $1,786

question 59

Multiple Choice

• A) $3,573.
• B) $1,786.
• C) $5,000.
• D) $4,463.
• E) None of the choices are correct.

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Definitions:

Promissory Note

A financial instrument containing a written promise by one party to pay another party a definite sum of money at a specified future date or on demand.

Illegal Transaction

A deal or exchange that violates state or federal laws and is therefore void and unenforceable.

Russia

A country extending over much of northern Eurasia, with a complex history, rich culture, and significant influence in global affairs.

Restrictive Endorsement

A limitation placed on the use of a check that specifies the conditions under which the check can be endorsed or cashed.