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Which of the following is TRUE regarding promissory notes?A) It is also called a securityB) It is the borrower's personal promise to repay a debt

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Which of the following is TRUE regarding promissory notes?A) It is also called a securityB) It is the borrower's personal promise to repay a debt according to agreed termsC) It protects the borrower against a cloud on the titleD) It is the seller's personal promise to sell the property to the buyer

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