Use the Accompanying Figure to Answer the Following Question(s)

question 45

Essay

Use the accompanying figure to answer the following question(s). Why is heat shown as being lost to the environment?

---

Definitions:

Drawee

The party on whom a check, draft, or bill of exchange is drawn and who is ordered to pay the specified amount.

Promissory Note

A written, legally binding agreement in which one party promises to pay a defined sum of money to another party under specific conditions.

Article 3

Often refers to a section of a constitutive document of an organization, treaty, or a part of a legal code detailing specific provisions related to governance, legal processes, or rights.

Certificates of Deposit

Fixed-term financial instruments issued by banks that offer a fixed interest rate in exchange for keeping the deposit untouched for a predetermined period.