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What is the Failure by promissory note's maker to pay the amount at maturity is known as?

dishonoring the note.


What are the legal differences between a co-borrower co-maker co-signer and guarantor?

A co-borrower, co-maker, or co-signer make a promise to a lender to repay a note or complete an agreement. The co-borrower, co-maker, or co-signer are generally not the primary recipient of the note or agreement but simply provide additional guarantees to the lender. This is usually done when the borrower, maker, or primary signer does not provide sufficient security or confidence to the lender.


What does refer to maker mean when a check is returned from the bank?

When a check is returned from the bank with the notation "refer to maker," it means that the bank is unable to process the check due to insufficient funds or other issues, and the payee should contact the person who issued the check (the maker) for clarification or resolution. Essentially, it indicates that the bank needs more information from the maker before it can honor the check. This situation often arises when the maker's account does not have enough funds to cover the check amount.


What is Promissory Check Open Check Cross Check and Stale dated Check?

promissory note a written promise by a person or the maker.


Characteristics of promissory note and how does a promissory note operate?

1. it must be in writing 2.must contain an express promise to pay not just merely acknowledgement of a debt. 3.the promise to pay must be unconditional. 4. the maker of the note must sign it

Related Questions

What kind of navigation tool indicates there is an Honors extension to be completed in a lesson?

The Honors tab is a signal to Honors Credit students that they have an Honors assignment to complete.


What is the Failure by promissory note's maker to pay the amount at maturity is known as?

dishonoring the note.


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

It would be considered in default.


The shape of a note indicates its duration?

Yes, shape and colour denote the duration of the note.


Where is a bill from with the letter I on it?

The letter 'I' on a Federal Reserve Note indicates that the note was printed in Minneapolis.


How do you record on Movie Maker?

You can record on Windows Movie Maker by using the Narration feature. (Note: There is no Narration feature in the Windows Live Movie Maker version).


On harvest moon ds how do you get a yarn maker?

You must first purchase and have built the 'maker shed' from Gotz. After this you can purchase the "yarn maker" (or the mayo maker, cheese maker, yogurt maker, seed maker or canned food maker) from 'Siabarra Blacksmith". Note that you need one Adamantite to make them.


What does the shape of a note indicate?

The shape of a note in musical notation indicates its duration or how long it should be played for in relation to other notes. The shape of the note also helps to convey the rhythm and timing of the music.


Is honor degree the highest degree?

A bachelor's degree and a bachelor's degree with honors are the same level. It's just indicates the honors which could mean more for individuals competing for higher degrees at institutions that are competitive and/or employers.


Does Game Maker have 3D functionality?

Yes, Game Maker has some limited 3D functionality. Note that Game Maker was not intended for creating 3D games, so it is very hard to develop 3D games in Game Maker.


The person who signs a note receivable and promises to pay the principal and interset is?

MAKER


What is 14k dz?

Signed by it's designer and maker DZ. That is what 'DZ' indicates.