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    Accounting Study Set 4
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    Exam 9: Receivables
  5. Question
    If the Maker of a Promissory Note Fails to Pay
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If the Maker of a Promissory Note Fails to Pay

Question 148

Question 148

Multiple Choice

If the maker of a promissory note fails to pay the note on the due date, the note is said to be


A) displaced
B) disallowed
C) dishonored
D) discounted

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