Which of the Following Is a Way of Disposing of a Note

question 201

Multiple Choice

Which of the following is a way of disposing of a note receivable?

• A)Holding it until it is paid on the maturity date.
• B)Selling it to receive cash before the maturity date.
• C)Holding it until the maker defaults on the maturity date.
• D)All of these are ways to dispose of notes receivable.

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