Question

On July 18, a firm received from one of its
customers. Algo Rythym, a written promise to
pay the firm Rs.1.200, at 12% interest, on
september 17. for merchandise that Algo had
purchased from the firm. Which of the
following statements is true?
(a) Algo is the payee of the note
(b) the firm is the maker of the note
(c) the firm is the endorser of the note
(d) Algo is the maker of the note​

Answer 1

Answer:

(a)Algo is the payee of the note is the right answer ok friend