There Are Two Parties to a Note And

question 121

Multiple Choice

There are two parties to a note and:

• A)the creditor has a note receivable and the debtor has a note payable.
• B)the creditor has a note payable and the debtor has a note receivable.
• C)the creditor and debtor both have notes receivable.
• D)the creditor and debtor both have notes payable.

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