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Which of the following statements about promissory notes is NOT correct? Select one: a. P-notes are issued by corporations in major international financial markets. b.
Which of the following statements about promissory notes is NOT correct?
Select one:
a.
P-notes are issued by corporations in major international financial markets.
b.
P-notes have no acceptor, but only an endorser.
c.
P-notes are often issued as unsecured instruments.
d.
Their issues may be underwritten.
e.
The issuers typically have good credit ratings.
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