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A Note Receivable Is a Written Promise by the Maker

question 229

True/False

A note receivable is a written promise by the maker to the payee to pay a specified amount of money at a definite time.


Definitions:

Obsessive-Compulsive Personality Disorder

A mental disorder identified by an ongoing obsession with being orderly, perfect, and in control of both one's own thoughts and relationships, sacrificing adaptability, openness, and effectiveness in the process.

Order

The arrangement or disposition of people, items, or concepts in relation to each other following a particular sequence, pattern, or method.

Obsessive-Compulsive Personality Disorder

A personality disorder characterized by a pervasive pattern of preoccupation with orderliness, perfectionism, and mental and interpersonal control, at the expense of flexibility, openness, and efficiency.

Perfectionistic

A personality trait characterized by striving for flawlessness and setting excessively high performance standards.

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