Answered

At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Get detailed answers to your questions from a community of experts dedicated to providing accurate information. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

07. A document promising payment of a specific amount to a specific person is referred to as:

A. Promissory Note
B. Bill of Exchange
C. Check
D. Draft

Sagot :

GinnyAnswer

Final answer:

A promissory note is a written promise to pay a specific amount to a specific person.


Explanation:

A promissory note is a document that promises payment of a specific amount to a specific person. It is essentially an IOU or a promise-to-pay, commonly used in business transactions to specify the terms of payment and delivery.


Learn more about Promissory notes here:

https://brainly.com/question/41797630


Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.