Which one of these statements about promissory notes is incorrect?

Which one of these statements about promissory notes is incorrect?

Entire Course Link

https://zh.scribd.com/document/340327850/Uop-Tutorial

 

 Which one of these statements about promissory notes is incorrect?






The party to whom payment is to be made is called the payee.


 


The party making the promise to pay is called the maker.


 


A promissory note is not a negotiable instrument.


 


A promissory note is more liquid than an account receivable.

 
Powered by