Which of the Following Is the Party Borrowing Funds on a Note

question 63

Multiple Choice

Which of the following is the party borrowing funds on a note?

• A) The maker of the note
• B) The drawer of the note
• C) The principal of the note
• D) The payee of the note

---

Definitions:

Survey Technique

A research method involving the collection of data from a predefined group of respondents to gather information and insights on various subjects.

Cognitive Development

The process by which a person's ability to think, understand, and learn evolves over time.

Humanistic Psychology

A psychological perspective which emphasizes individual potential for growth and the role of unique perceptions in guiding behavior and mental processes.

Psychoanalysis

A therapeutic approach founded by Sigmund Freud which emphasizes unconscious processes and childhood experiences in understanding and treating psychological disorders.