Who has the responsibility for marking "consumer note" on a promissory note used in a consumer transaction?

A) The vendor
B) The bank
C) The holder in due course
D) third party receiving the note
E) The purchaser

A

Business

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Similar to loans, non-government bonds expose a lender to principal payment default risk.

a. true b. false

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Since refined sugar has a low value-to-weight ratio, even if it is shipped halfway around the world, the transportation costs would account for a very small percentage of total costs

Indicate whether the statement is true or false.

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