When a Borrower Receives the Face Amount of a Discounted

question 164

Multiple Choice

When a borrower receives the face amount of a discounted note less discount, this amount is known as:

• A) the note proceeds
• B) the note discount
• C) the note deferred interest
• D) the note principal

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Definitions:

Bioterrorism Event

An act of terrorism involving the deliberate release or dissemination of biological agents, such as bacteria, viruses, or toxins, with the intent to cause illness or death in people, animals, or plants.

Disease Patterns

The characteristic ways in which diseases develop and progress over time, including how they are spread, their prevalence, and their impact on populations.

Standard Precautions

A set of infection control practices used to prevent transmission of diseases that can be acquired by contact with blood, body fluids, non-intact skin, and mucous membranes.

Infectious Diseases

Disorders caused by pathogens such as bacteria, viruses, fungi, or parasites that can spread, directly or indirectly, from one individual to another.