Restatements of law can best be described as summaries of common law rules in a particular area of the law that have been enacted by most states. The correct option is (B).
What do you mean by the Restatements of law?A legal treatise from the second series of the Restatements of the Law, The Restatement (Second) of the Law of Contracts aims to educate judges and attorneys on the fundamental concepts of contract common law.
It is one of the most well-known and frequently quoted legal treatises in the entire body of American law.
They are supplemental legal works that the American Law Institute (ALI) has created and published to explain the law.
Reiterations are auxiliary sources with strong persuasive power. They aim to "restate" into a set of principles the legal rules that make up the common law in a particular field of law.
Therefore, Restatements of law can best be described as summaries of common law rules in a particular area of the law that have been enacted by most states.
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A d d m e o n d i s c o r d
Katelyn#6394
Answer:
ok and thanks for the points
thanks:)
Answer:
ok
Explanation:
FREEEEEEE POINTS
the characteristics of consumers and organizations that marketers use to divide a market into segments are known as _______.
Marketers divide a market into segments based on the traits of consumers and organisations, which are referred to as segmentation grounds.
Which segments fall into which categories?
Interests, a way of life, age, gender, and other factors are typical features of a market segment. Common examples include market segmentation based on location, demography, psychology, and behaviour. Geographic, psychographic, behavioural, and demographic market segmentation are considered to be the four primary categories; however, there are other variants on these four major types as well as a wide range of additional tactics you might employ. You might wish to consider the following additional strategies.
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Preparing Entries Across Two Periods Hatcher Company closes its accounts on December 31 each year. On December 31, 2018, Hatcher accrued $600 of interest income that was earned on an investment but not yet received or recorded (the investment will pay interest of $900 cash on January 31, 2019). On January 31, 2019, the company received the $900 cash as interest on the investment. Prepare journal entries to: a. Accrue the interest earned on December 31, 2018; b. Close the Interest Income account on December 31, 2018 (the account has a year-end balance of $2,400 after adjustments); and c. Record the cash receipt of interest on January 31, 2019.
Answer and Explanation:
The journal entries are shown below
On Dec. 31, 2018
Interest receivable $600
To Interest income $600
(Being accrued interest earned is recorded)
On Dec. 31, 2018
Interest income $2,400
To Retained earnings $2,400
(Being the closing of interest income is recorded)
On Jan. 31, 2019
Cash $900
To Interest receivable $600
To Interest income $300
(Being cash receipt of interest is recorded)
What is the future value of $1,200 invested for 20 years at a rate of 6%?
Multiple Choice
$1,200
$1,440
$1,849
$3,079
$3,849
The future value of $1,200 invested for 20 years at a rate of 6% is $3,079.56. Let's see how we can calculate it using the formula for compound interest.
The formula for compound interest is given by:
FV = PV × (1 + r)n where FV is the future value, PV is the present value, r is the interest rate, and n is the number of compounding periods.
In this case, the present value is $1,200, the interest rate is 6%, and the number of compounding periods is 20. Since the interest is compounded annually, we have n = 20.
Substituting these values in the formula, we get:
FV = $1,200 × (1 + 0.06)20FV = $1,200 × 2.42725FV = $2,913.90 (rounded to two decimal places).
Therefore, the future value of $1,200 invested for 20 years at a rate of 6% is $2,913.90.
However, this option is not listed in the given answer choices.
The closest option is $3,079, which is obtained by rounding the answer to the nearest dollar.
Therefore, the correct answer is $3,079.
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The future value of a $1,200 investment for 20 years with a 6% interest rate is approximately $3,869.
Explanation:The future value of an investment can be calculated using the formula: FV = PV(1 + r)^n, where FV is the future value, PV is the present value or the initial investment amount, r is the annual interest rate in decimal form, and n is the number of periods the money is invested for.
In this case, we can substitute PV = $1200, r = 0.06 (6% expressed as a decimal), and n = 20 into the formula to get: FV = $1200 * (1 + 0.06)^20 = $3869.68. Therefore, if $1200 is invested for 20 years at a rate of 6%, the future value of the investment would be approximately $3869.
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sue purchased a stock for $45 a share, held it for one year, received a $2.34 dividend, and sold the stock for $46.45. what nominal rate of return did she earn? ______%
Sue bought a share of stock for $45 and held it for a year before selling it for $46.50 after receiving a $2.34 dividend. She will have a nominal rate of return of 8.42%.
Calculate the investment's current market value by deducting the initial investment's principal (or initial investment amount) (or at the end of the investment period). The normal rate of return (NRR) is the rate at which a regular business, under normal conditions, or from a similar course of activity, makes a profit stock. There cannot be goodwill if there is no superprofit. The interest rate that is quoted at a bank on any particular day is an illustration of a nominal rate.
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Why are chicken nuggets so good?
Answer:
Because the chicken provides some B-vitamins and protein and served with a side salad or veggies and a whole grain, it can be part of a healthy eating plan. Much of the nutritional value in nuggets depends on who's making them. You can always make your own breaded and baked nuggets.
Computer Wholesalers restores and resells notebook computers. It originally acquires the notebook computers from corporations upgrading their computer systems, and it backs each notebook it sells with a 90-day warranty against defects. Based on previous experience, Computer Wholesalers expects warranty costs to be approximately 6% of sales. Sales for the month of December are $600,000. Actual warranty expenditures in January of the following year were $13,000. Does this situation represent a contingent liability?
Based on the given information, the situation does not represent a contingent liability.
Warranty expenditures are the amount spent on the repair, replacement, or refund of goods sold or services rendered due to a breach of warranty. It is one of the possible contingent liabilities, and it is a typical cost of doing business for organizations that sell products or services with warranties. When warranty expenditures occur, businesses must report them as an expense in their financial statements. A contingent liability is a potential liability that may arise in the future.
According to the given problem, Computer Wholesalers expects warranty costs to be approximately 6% of sales. The company made $600,000 in sales in December, which means it expects to pay $36,000 in warranty expenditures in the future. However, actual warranty expenditures in January of the following year were $13,000. This means the actual warranty expenditures were lower than expected, and there is no possibility of a future obligation or liability. As a result, this scenario does not represent a contingent liability.
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In the past, tina’s vacation time has been spent at home catching a few local attractions when she could afford them. This year, she received a big bonus at work and has decided to finally take the trip to europe that she has always dreamed about. Tina’s purchasing behavior has changed due to.
Consumer conduct is influenced by means of many elements such as situation, psychological, environmental and advertising and marketing factors, personal factors, family, and culture.
Businesses try to collect statistics so that they can make decisions on how they can reach their target audience in the most environment friendly way.
What is a buying behaviour?Buying behaviors are the spending habits and preferences of a range of clients within your target audience. Understanding your customers' behaviors helps you better target your marketing toward their precise spending needs.
How has customer shopping conduct changed?Consumers continue to spend on non-essential gadgets with an eagerness to try new brands and websites, while some are returning to in-store shopping. Modern buying behavior and new consumer preferences are making waves in a couple of industries, ensuing in important influences on sales.
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https://brainly.com/question/24438632#SPJ4Complete the following statements with the correct type of costs. Costs associated with fixed inputs that do not change when output changes are [Click to select costs Costs associated with variable inputs that do change when output changes are Click to selectcosts. Costs that are forever lost once they have been paid are |(Click to select' Costs that are forever lost once they have been paid are (Click to selectcosts. costs
A) Costs associated with fixed inputs that do not change when output changes are fixed costs. B) Costs associated with variable inputs that do change when output changes are variable costs. C) Costs that are forever lost once they have been paid are sunk costs.
A) Fixed costs are expenses that remain the same regardless of how many units of a product are produced. These expenses are not affected by changes in production levels or sales. Examples of fixed costs include rent, salaries, insurance premiums, and property taxes. Hence, costs associated with fixed inputs that do not change when output changes are fixed costs.
B) Variable costs are expenses that vary directly with the level of production or output. These costs are dependent on the level of products produced. Examples include raw materials, labor, and direct overhead. Hence, costs associated with variable inputs that do change when output changes are variable costs.
C) Sunk costs are expenses that have been incurred and cannot be recovered, regardless of future events or decisions. These expenses are incurred as a result of past decisions and are no longer relevant to current decision-making. Examples include spending on research and development, advertising, and equipment that has become obsolete.
Note: The question is incomplete. The complete question probably is: Complete the following statements with the correct type of costs. A) Costs associated with fixed inputs that do not change when output changes are ________. B) Costs associated with variable inputs that do change when output changes are _______. C) Costs that are forever lost once they have been paid are ______. The choices for each question are fixed, variable, or sunk!
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If you were paid $952 today, and you invested it at a 5% interest rate, how much would you have a year from now?
$900
O a
$952
b.
$985
Oc.
$1000
d
None of these
e
Answer:
Depends on if its simple or compund bu since your investing to earn, ill estimate they want the compound answer which is 999.60 which can be rounded to $1000. If they want it rounded, its $1000 if they dont, it's none of the above
Explanation:
A=P(1+r)t
A=952(1+0.05)1
A=952(1.05)1
A=952(1.05)
A=952x1.05
A=999.60 which can be rounded to 1000
Drag each tile to the correct location on the table. Each tile can be used more than once, but not all tiles will be used. Lewis is saving for a down payment of $8,750 on a house. The initial amount of money he has saved is $250, and the amount of money he plans on saving every month is $340. To model the situation, he created this equation, where x represents the number of months and y represents the total amount of savings: y = 250 + 340x. Determine the missing steps and justifications.
the missing step and justification are
The fill up for the 3rd step is y - 250 = 340x.The fill up of the 5th step is x =y-250340
The fill up of the 6th step is 8750-250=25=x34
The justification for the 2nd step is subtraction PE.The justification for the 4th step is division PE.What is simplification?Please note:
y-250 = 250 + 340 x - 250
y = 250 + 340x.
Make x the subject of the expression.
y - 250 = 340x.
y-250/340 = x
after that
The justification for the second step is the subtraction property of the equation, since equal terms are subtracted and collected and subtracted from each other as shown below.
y-250 = 250 + 340 x - 250
y = 250 + 340x - 250 + 250
Note that (-250 + 250) = 0.
y = 250 + 340x.
Finally, the addition of step 6 is to replace the saved amount and then simplify.
your question is incomplete, but most probably the complete question attached below
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Which of the following statements is FALSE? A. Rent controls are examples of price floors. B. Price controls may take the form of price ceilings or price floors. C. Price ceilings below the equilibrium price can cause black markets to develop. D. The rationing function of prices is not allowed to freely operate when the government imposes price controls.
Answer:
A. Rent controls are examples of price floors.
Explanation:
Price floors are kind of like the lowest price that one can legally pay for some service whereas Price control prevent prices from going above a certain maximum point. Rent controls are often called price ceilings and part of Price control
an invester buys 100000, 10% corporate bond maturing in 2030 for 125000. the bond is callable starting in the year 2020. what is the most appropriate measure for calculating yield?
Answer:
C. Yield to Call
Explanation:
As the investor pays $125,000 for 10% having a face value of $100,000 so it seems that there is a premium of 25% in the bond. Now in the case when the bond is called before to the maturity that occurs when the market rate is less than the coupon rate. Also the same is shown in the question
So for determining the yield, the best way measure and appropriate is yield to call
Traynor Corporation reports its 40 percent investment in Victor Company on its December 31, 2020 balance sheet at $14,608,000. Traynor acquired its interest in Victor on January 2, 2018 and uses the equity method to account for the investment. Victor’s assets and liabilities were fairly stated on January 2, 2018 except for unreported technology (5-year life) of $4 million. Victor reported net income of $1.2 million, $1.5 million, and $1.4 million, and paid dividends of $200,000, $250,000, and $230,000 in 2018, 2019, and 2020, respectively. There was no impairment of Traynor’s investment. Required How much did Traynor Corporation pay for its investment in Victor Company on January 2, 2018?
Based on the provided information, Traynor Corporation paid $14,000,000 for its investment in Victor Company on January 2, 2018.
Traynor Corporation paid $14,000,000 for its investment in Victor Company on January 2, 2018.
1. First, we need to calculate the amount of unreported technology that Traynor Corporation recognized in its investment. Since the technology has a 5-year life, Traynor recognized $800,000 ($4 million / 5 years) of the technology each year.
2. Next, we need to calculate Traynor's share of Victor's net income and dividends for each year. Traynor's share of net income is 40% of Victor's net income, and Traynor's share of dividends is 40% of Victor's dividends.
3. For 2018, Traynor's share of net income is $480,000 ($1.2 million x 40%) and Traynor's share of dividends is $80,000 ($200,000 x 40%).
4. For 2019, Traynor's share of net income is $600,000 ($1.5 million x 40%) and Traynor's share of dividends is $100,000 ($250,000 x 40%).
5. For 2020, Traynor's share of net income is $560,000 ($1.4 million x 40%) and Traynor's share of dividends is $92,000 ($230,000 x 40%).
6. Now, we can calculate Traynor's investment in Victor at the end of 2020. Traynor's investment is equal to the original investment plus Traynor's share of net income minus Traynor's share of dividends plus Traynor's share of unreported technology.
7. Traynor's investment at the end of 2020 is $14,000,000 + $480,000 + $600,000 + $560,000 - $80,000 - $100,000 - $92,000 + $800,000 + $800,000 + $800,000 = $14,608,000.
8. Therefore, Traynor Corporation paid $14,000,000 for its investment in Victor Company on January 2, 2018.
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On August 1, Suba Company purchased computer equipment for $10,000 cash and also gave 100 shares of XYZ common stock that Suba Company held as an investment. The XYZ common stock cost Suba Company $5,000 and on August 1 had a fair value of $4,200. The installation costs for the computer equipment were $700 and shipping costs were $500. What amount should be the total amount debited to the computer equipment account
Answer:
the amount that debited to purchased cost is $15,400
Explanation:
The computation of the total amount debited to the computer equipment account is as follows:
= Purchase cost + fair value + installation cost + shipping cost
= $10,000 + $4,200 + $700 + $500
= $15,400
Hence, the amount that debited to purchased cost is $15,400
The same is relevant and considered
enter mia profit/loss for the 2 month
what is networking why is useful when looking for a job
Answer:
Career networking involves using personal, professional, academic or familial contacts to assist with a job search, achieve career goals, learn more about your field, or another field you'd like to work in. Networking can be a good way to hear about job opportunities or get in at a company you'd like to work with.
Explanation:
T/F - A taxpayer with over $2,500 of taxable interest or ordinary dividends must attach Schedule B to Form 1040.
True. A taxpayer with over $2,500 of taxable interest or ordinary dividends must attach Schedule B to Form 1040.
Schedule B is used to report the taxpayer's interest and dividend income, and it is required if the taxpayer's interest and dividend income exceeds $1,500. The purpose of Schedule B is to help the IRS ensure that taxpayers are reporting all of their income accurately and paying the correct amount of taxes. If a taxpayer fails to attach Schedule B when required, they may be subject to penalties and interest on any unpaid taxes.
It is important for taxpayers to carefully review the instructions for Form 1040 and Schedule B to ensure that they are meeting all of their reporting obligations and avoiding any potential penalties or interest charges.
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why do business need funding
What's the main reason to use a personal budget?
O A. To keep costs below benefits
O B. To stay out of debt
C. To appropriate discretionary funds
O D. To maximize investment returns
Answer: B, stay out of debt
Explanation: A budget reveals areas where you're spending too much money so you can refocus on your most important goals. A budget can keep you out of debt or help you get out of debt. A budget actually creates extra money for you to do use on things that matter to you.
Market research is used to gather information needed to make business decisions.
Which of the following is not a reason why you should take a lean startup approach to
this?
Group of answer choices
It is easier to get financing when you have done some testing first
O It can help you avoid costly mistakes from wrong decisions
O You need to pay for research data before you talk to any customer
Talking directly to customers can inform your product design
Answer:
You need to pay for research data before you talk to any customer
Explanation:
In a lean startup approach, startup companies will gather customers feedback regarding their product and devise their plan based on those feedbacks rather than based on their own intuition.
Even though there are methods that we can use to obtain customers' feedback that require payments (such as purchasing the data from social media ), this isn't always necessary.
One thing that a company can do to obtain customers feedback without paying is to do direct outreach to the customers by sending them emails with their opinion about the products or by creating an online forum specifically for the customers to talk about the product.
What is the minimum and maximum number of partners that can form a general partnership? A. 1, 10 b. 3,30 c. 4, 40 d. 2, 20
Answer:
d. 2, 20
Explanation:
A general partnership is an agreement between two or more persons towards the establishment of a business together and running the business. The least or minimum number of persons that can form this type of partnership is two and the maximum number is 20. All the persons involved share the same financial obligations, profits and liabilities
When towing someone with a pwc, one of the requirements is?
When towing someone with a pwc, An observer or wide-angle rearview mirror is needed.
What is Towing?Towing can be regarded as the coupling of two or more objects together using a power source so as to pull them along.
Therefore, when towing is needed there should be a rearview mirror to monitor things to avoid damage to other object.
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in a qualitative risk assessment, if the probability is 50 percent and the impact is 90, the risk level is 45. true false
False.risk level calculation in a qualitative risk assessment is typically determined by multiplying the probability and impact values. In this case,
if the probability is 50 percent (0.5) and the impact is 90, the risk level would be 0.5 * 90 = 45. However, it is important to note that different organizations or methodologies may use different scales or formulas for calculating risk levels. Therefore, it's crucial to understand the specific methodology being used in the qualitative risk assessment to determine how the probability and impact values are combined to arrive at the risk level. It is not possible to determine the accuracy of the statement without additional information about the risk assessment methodology being used.
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Gruber Corp. Pays a constant $8. 50 dividend on its stock. The company will maintain this dividend for the next 11 years and will then cease paying dividends forever. The required return on this stock is 9. 5 percent. What is the current share price?
The current share price of Gruber Corp's stock is $26.00. To calculate the current share price of Gruber Corp's stock, we will use the present value of the dividends formula as follows:
PV = Div1 / (1+r)¹ + Div2 / (1+r)² + ... + Divn / (1+r)ⁿ
To calculate the current share price of Gruber Corp's stock
PV = Div1 / (1+r)¹ + Div2 / (1+r)² + ... + Divn / (1+r)ⁿ
Where,Div1 = First dividend or $8.50
Div2 = Second dividend or $8.50
Divn = Last dividend or $8.50
n = Number of periods or 11 years
r = Required return or 9.5%
PV = Current share price (to be calculated)
Now, we will substitute the given values in the above formula and compute the current share price.
PV = $8.50 / (1+0.095)¹ + $8.50 / (1+0.095)² + ... + $8.50 / (1+0.095)¹¹PV = $8.50 / 1.095¹ + $8.50 / 1.095² + ... + $8.50 / 1.095¹¹PV = $3.45 + $3.14 + $2.86 + $2.61 + $2.38 + $2.18 + $2.00 + $1.83 + $1.68 + $1.54 + $1.41PV = $26.00
Therefore, the current share price of Gruber Corp's stock is $26.00.
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Winning the hearts and minds of workers is essential to the
management of human resources". Critically discuss this statement
with reference to one or more topics on the module.[50 marks]
statement "Winning the hearts and minds of workers is essential to the management of human resources" with reference to one or more topics on the module:
Statement: Winning the hearts and minds of workers is essential to the management of human resources.
This statement is based on the idea that employees who are engaged and motivated are more likely to be productive and contribute to the success of the organization. When employees feel valued and respected, they are more likely to be loyal to the organization and go the extra mile.
Topics from the module: This statement is related to several topics from the module, including employee engagement, organizational culture, and leadership.
* Employee engagement is the degree to which employees are involved in, enthusiastic about, and committed to their work. Engaged employees are more likely to be productive, creative, and innovative. * Organizational culture is the shared values, beliefs, and norms of an organization. A positive organizational culture can help to attract and retain top talent, and it can also boost employee engagement.
* Leadership is the process of influencing others to achieve a common goal. Effective leaders are able to win the hearts and minds of their employees by creating a positive work environment, providing clear direction, and recognizing and rewarding employee contributions.
Conclusion: The statement "Winning the hearts and minds of workers is essential to the management of human resources" is a valid one. When employees feel valued and respected, they are more likely to be engaged and motivated, which can lead to a number of benefits for the organization.
Here are some additional thoughts on this topic:
* There are a number of things that organizations can do to win the hearts and minds of their workers, such as providing competitive salaries and benefits, offering opportunities for professional development, and creating a positive work environment. * It is important for organizations to make sure that their values and mission are aligned with the values and goals of their employees. This will help to create a sense of shared purpose and belonging, which can be a powerful motivator.
* Leaders play a critical role in winning the hearts and minds of their employees. They need to be able to connect with employees on a personal level, build trust, and create a sense of inspiration.
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organizational culture refers to ________
Organizational culture refers to the proper way to conduct and behave within an organization.
Organizational culture refers to the way of behaving within organizations. The organizational culture involves the common beliefs, expectations, values, and practices established by the concerned authority that guide and direct the actions of employees working in the organization. A positive organizational culture is vital to establishing the characteristics necessary for the success of the organization.
Since positive organizational cultures provide a base for improved performance, there are multiple outcomes associated with them such as raising market shares, improving organizational outcomes, boosting work attitude, making customers more satisfied, and increasing the financial performance of the business.
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(1 point) (Exercise 3.17) Find the present value on Mach 1 of an annuity which pays \( \$ 3000 \) every two months for 7 years. The first payment is due on the coming April 1 and the rate of interest
The present value on Mach 1 of an annuity which pays $3000 every two months for 7 years when the first payment is due on the coming April 1 is $139,449.19.
Here's the step-by-step solution;Given,Future Value FV = $3000, No of payments per year = m = 12/2 = 6, number of years = n = 7 years, Rate of interest = iWe need to find the present value (PV) of the annuity.Formula:PV = FV[(1 + i/m)^-n × m/i]Where, PV = Present ValueFV = Future Valuei = Rate of Interestm = Number of Payments per yearn = Number of yearsPV = $3000[(1 + i/6)^-7 × 6/i]Let's solve the formula and calculate the present value of the annuity.PV = $3000[(1 + i/6)^-7 × 6/i]PV = $3000[(1 + i/6)^-7 × 6/i] = $3000[(1 + i/6)^-7 × 6/i]PV = $3000[3.23484]PV = $9734.52Therefore, the present value of the annuity is $9734.52 when the first payment is due on the coming February 1.
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The indirect and direct methods Multiple Choice Are two allowable methods to present operating activities in the statement of cash flows. Affect the presentations of operating, investing, and financing activities. Arrive at different amounts for net cash flows from operating activities. Are used by companies about equally in actual practice.
Answer:
Are two allowable methods to present operating activities in the statement of cash flows.
Explanation:
As we know that the cash flow statement is a statement that shows the cash inflows and cash outflow of the organization
For this statements, there are two methods to determine
The one is direct method
And, the other one is indirect method
Both are acceptable only the calculation made in operating activities is change and for rest two activities i.e. investing and financing would be the same under these two methods
Therefore the first option is correct
A promissory note: Multiple Choice Is a short-term investment for the maker. Is a written promise to pay a specified amount, usually with interest, either on demand or at a stated future date. Is a liability to the payee. Is created when a company sells its receivables to a finance company or bank. Cannot be used in payment of an account receivable
A promissory note is a written promise to pay a specified amount, usually with interest, either on demand or at a stated future date.
What is a promissory note?A promissory note is a debt instrument used by the note issuer to promise payment to the payee. The amount promised is ususally a definite amount of money and the date is usally specified. A promissory note is also known as notes payable.
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