A promissory note is drawn by the payer. （ ）
举一反三
- As a promissory note is a promise, there are only two parties concerned, i.e. the _______ and the _______. A: payee B: payer C: drawee D: maker
- The drawer of a promissory note is the principal debtor of the note, even if it is atime note, it is not necessary to go through the acceptance formalities.
- If the maker of a promissory note fails to pay the note on the due date, the note is said to be ____. A: displaced B: disallowed C: dishonored D: discounted
- Which instrument is the most widely used one in international settlement? A: cash B: check C: promissory note D: bill of exchange
- Which of the following is a document used to give the title of the products to a bank? A: Bill of lading B: Letter of credit C: Draft D: Promissory note