The person who promises to pay a certain amount of money at a definite future time is called the

a. maker of the note.
b. payee of the note.
c. discounter of the note.
d. endorser of the note.

a

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All of the following are characteristics of variable life insurance EXCEPT:

(a) the premium payments are flexible (fixed, not flexible w/ variable life insurance) (b) the cash value is not guaranteed (c) the policyowner selects where the savings reserve is invested (d) a minimum death benefit is guaranteed, but the death benefit can be higher if the investment performance is favorable

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By means of the Federal Fair Housing Law, Congress established a national policy of fair housing throughout the United States. This policy applies to which of the following:

A: Single-family residences that are individually owned and that are offered for sale through a real estate broker; B: Single-family residences owned by private individuals who own more than three such residences; C: All type family dwellings of six units where the owner occupies one of the units; D: All of the above.

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