When a note is discounted at the bank, the maker must make good on the note if the payee defaults.
举一反三
- 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
- 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 maker of a note records interest expense. The creditor of a note holds a note receivable.
- 一般情况下，“I must make a note of it.”一句话中，“make”和“note”明显比其他单词发音长，而且饱满；“note”比“make”更加凸显。 A: 正确 B: 错误 C: - D: --
- In a bank reconciliation, a bank collection of a note receivable is: