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Which of the following scenarios most likely involves the use of a promissory note? A homebuyer secures a mortgage loan from a bank. None of
Which of the following scenarios most likely involves the use of a promissory note?
A homebuyer secures a mortgage loan from a bank.
None of the options involve the use of a promissory note.
John gives his friend a loan and asks for a written promise of repayment.
An individual rents an apartment and agrees to pay monthly rent.
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