When a Business Endorses a Note and Transfers It to a Financial

question 3

Multiple Choice

When a business endorses a note and transfers it to a financial institution,the process is called:

• A)dishonoring a note receivable.
• B)collecting a note receivable.
• C)cosigning a note receivable.
• D)discounting a note receivable.

---

Definitions:

Allele

A variation that makes a gene different in some way from other genes for the same characteristics. Many genes never vary; others have several possible alleles.

Gene

A unit of heredity made up of DNA that is located on a chromosome and can influence physical or behavioral traits, and can be passed from one generation to the next.

Chromosome

Structures within cells that contain DNA and carry genetic information responsible for determining the traits of an organism.

Microbiome

The collective genome of the microbes (composed of bacteria, bacteriophage, fungi, protozoa, and viruses) that live inside and on the human body.