The Process of Endorsing a Note and Transferring It to a Financial

question 125

Multiple Choice

The process of endorsing a note and transferring it to a financial institution is known as:

• A) dishonoring a note receivable.
• B) discounting a note receivable.
• C) cosigning a note receivable.
• D) collecting a note receivable.

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Definitions:

Land Plants

Organisms that are part of the kingdom Plantae, characterized by their ability to perform photosynthesis and live predominantly on land.

Causal Organism

A pathogen or microorganism that causes disease or illness in its host.

Protozoa

An informal group of unicellular, animal-like protists, including amoebas, foraminiferans, actinopods, ciliates, flagellates, and apicomplexans. (The adjectival form is protozoan.)

Means of Transmission

The way in which diseases, pathogens, or information is spread from one individual or place to another.