question archive Which of the following is not true regarding a promissory note? a

Which of the following is not true regarding a promissory note? a

Subject:BusinessPrice: Bought3

Which of the following is not true regarding a promissory note?
a. Promissory notes may not be transferred to another party by endorsement. 

b. Promissory notes may be sold to another party. 

c. Promissory notes give a stronger legal claim to the holder than accounts receivable. 

d. Promissory notes may be bearer notes and not specifically identify the payee by name.

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