Preference

Question: IOU means:

  1. a.
    a promissary note issued by a bank to another bank guaranteeing payment by a purchaser
  2. b.
    a bank note guaranteering payment of the sum on demand by the Central Bank
  3. c.
    an unstamped memorandum of debt given by a borrower dated and addressed to the lenders pronounced as I owe you
  4. d.
    International Olympics Union
  5. e.
    None of the above
Answer: c
comments powered by Disqus

Events

Loading....

Loading....

Loading....

Share our page