For a Promissory Note,the Entity to Whom the Promise of Future

question 174

Multiple Choice

For a promissory note,the entity to whom the promise of future payment is made is the ________.

• A) maker of the note
• B) endorser of the note
• C) banker of the note
• D) payee of the note

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Definitions:

Information- And Communication-Based

Pertains to processes or technologies centered around the creation, storage, exchange, and use of information through electronic communication systems.

Telecommunications Technologies

Various forms of technology designed to transmit information over distances, including telephone, radio, satellite, and internet technologies.

Digital Offerings

Products or services offered through digital platforms, such as software, online services, or digital content.

Substitute Firms

Companies that offer alternative or replacement products and services that meet the same needs or demand of consumers.