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rolpace88 rolpace88
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9 years ago
If a business receives a promissory note as payment for the sale of goods and in turn sells the note to a bank, it is called discounting a note.
A) True
B) False
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
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MillionMillion
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9 years ago
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rolpace88 Author
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#2
9 years ago
Not sure why I found this tricky. Now that I know the answer, it's almost self-explanatory.
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#3
9 years ago
You're welcome. All I ask in return is a thumbs up!
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