If a Bank Discounts a Note,then the Borrower Needs to Only

question 153

True/False

If a bank discounts a note,then the borrower needs to only pay the cash received and not the face value of the note.

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Definitions:

Sound Wave

A wave of compression and rarefaction, by which sound is propagated in an elastic medium such as air.

Binocular Cues

Are visual information taken in by two eyes that enable a sense of depth perception, such as stereopsis, convergence, and disparity.

Distances

Measurements of the physical space between two points, which can also metaphorically refer to emotional or relational separation between individuals or groups.

Feet

The lower extremity of the leg below the ankle, on which a person stands or walks.