Bing Signs a Note Payable to the Order of Cameron

question 28

Multiple Choice

Bing signs a note payable to the order of Cameron.Cameron indorses the note and gives it to Daphne as payment for a debt.Daphne presents it to Bing,who pays it.Bing's payment discharges

• A)all of the parties.
• B)only Bing.
• C)only Cameron.
• D)only Daphne.

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Definitions:

Ice Cream

A frozen dessert made from dairy products, such as milk and cream, often combined with fruits, flavors, or other ingredients.

Frozen Yogurt

A dessert made from yogurt and sometimes other dairy products, frozen to a soft consistency, often served as a healthier alternative to ice cream.

Price

The cash amount presumed, required, or allocated in remuneration for something.

Supply Curve

The supply curve illustrates the relationship between the price of a good or service and the quantity of that good or service that a seller is willing and able to supply.