On June 8, Alton Co issued an $80,000, 6%, 120-day note payable to Seller Co What is the due date of the note?

A) October 8
B) October 7
C) October 6
D) October 5


C

Business

You might also like to view...

During the 2008-2009 financial crisis, the dollar ________ in real terms. After the crisis ended, the dollar ________ in real terms.

A. appreciated slightly; appreciated B. depreciated slightly; depreciated C. appreciated sharply; depreciated D. depreciated sharply; appreciated

Business

The two schedules of reinforcement are ______.

a. continuous and discontinuous b. steady and intermittent c. steady and discontinuous d. continuous and intermittent

Business

The word "truck" cannot be a trademark for trucks, although it could be a trademark for a new brand of designer jeans

a. True b. False Indicate whether the statement is true or false

Business

An undisclosed principal may result in which of the following?

a. Liability of the agent for any contract made on behalf of such a principal. b. The agent's being declared incompetent by a court of law. c. A declaration order by the court for the principal to show a guarantee. d. All of these.

Business