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Mathematics 8 Online
OpenStudy (anonymous):

hey everyone this is a business math question is it true or false please help me! The maker of a promissory note issues the note

OpenStudy (anonymous):

" The maker of a promissory note issues the note " <-- thats the question is it true or false

OpenStudy (anonymous):

i would say true

OpenStudy (anonymous):

false

OpenStudy (precal):

promissory notes are just official IOU

OpenStudy (anonymous):

I would say true. When you apply for a loan at a bank, the bank issues papers up the wazoo for you to sign. All you issue is your signature. :-)

OpenStudy (precal):

I used them in college when I went to school. The school allowed me to go to school as long as I put 1/2 of the money down and signed a promissory note that stated I had to pay the remaining amount before the semester ended or when the semester ended.

OpenStudy (precal):

The maker of a promissory note could be a print shop, all they do is make it, but they are not the issuer of the promissory note.

OpenStudy (anonymous):

@precal so would you say its false?

OpenStudy (anonymous):

thank you everyone i appreciate it

OpenStudy (precal):

false because I think it should say "issuer" not maker.

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