A Promissory Note

question 184

Multiple Choice

A promissory note:

• A)Is a conditional promise in writing to pay on demand or at a future date a definite sum of money.
• B)Is recorded by the maker by crediting Note Receivable.
• C)Is signed by the person promising to pay the note,called the payee.
• D)Will be recorded on both the books of the payee and the maker.

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Definitions:

Obsession

A persistent thought, idea, impulse, or image that is experienced repeatedly, feels intrusive, and causes anxiety.

Flooding Episode

In psychology, a therapeutic technique involving intense exposure to fear-evoking stimuli without any danger, to overcome phobias or anxiety.

Compulsion

Compulsion involves repetitive, unwanted behaviors or mental acts that an individual feels driven to perform, often in response to obsessive thoughts.

Biological

Relating to the processes and substances that occur within living organisms.