A note payable is in the form of Select one: a. a contingency that is reasonably likely to occur. b. an oral agreement. C. a standing agreement. d. a written promissory note.

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Q: A note payable can be used to extend the payment due on an account payable. O True O False

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Q: Explain promissory note

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International Bonds

A bond is fixed-income security where a lender comes into a contract with the borrower. The borrower agrees to make payment and interest at a specified date in the future or on maturity period. It is a type of financing that helps to fulfill and meet obligations. Many people invest in bonds because it is a simple form of security.