Eton Executes a Preprinted Promissory Note to First Bank Without

question 34

Multiple Choice

Eton executes a preprinted promissory note to First Bank without filling in the due date. The bank does not complete the form by adding the date. The note is

• A)not payable.
• B)payable on demand.
• C)payable thirty days after issue.
• D)payable at the election of the maker.

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Definitions:

Thinking and Memory

Cognitive processes involved in the manipulation of information and the storage and retrieval of data from past experiences.

Movement

The act or process of changing physical location or position or of having this changed.

Endocrine Glands

Glands in the human body that release hormones directly into the blood to regulate various bodily functions.

Hormones

Chemical messengers secreted by glands in the body that regulate physiology and behavior, including growth, metabolism, and reproductive processes.