At the maturity of a note payable, a borrower will pay ________.
A) the principal plus interest
B) the principal amount only
C) the interest amount only
D) the principal minus interest
A) the principal plus interest
You might also like to view...
Transshipping is used to
A. evade allocated quotas. B. reduce shipping costs, as a form of consolidation. C. avoid import administration. D. evade local manufacture requirements.
All purchases originate from one office in a(n) _____ buying organization
a. centralized b. decentralized c. informal d. inside
When computing an interest or growth rate, the rate will increase with a decrease in future value, holding present value and the number of periods constant
Indicate whether the statement is true or false
Contracts may be discharged by the joint action of both contracting parties or, in some cases, by the action of one party alone.?
Indicate whether the statement is true or false