Promissory notes are lines of credit to be paid off at a later date

Indicate whether the statement is true or false.

Answer: TRUE
Explanation: Because they allow a buyer to pay a seller at a later date, promissory notes are often used in the jewelry business.

Business

You might also like to view...

When an administrative assistant reorders office supplies for a business, placing the same order as last month without checking with anyone else, he is doing a ______.

consumer buy modified buy new buy straight rebuy

Business

________ techniques assume that no uncertainty exists in model parameters

A) Probability B) Probabilistic C) Deterministic D) Distribution

Business