Answer the question about the promissory note given.
------------------------Promissory Note------------------------ March 12
Ninety days after date above, I promise to pay to the order of Thomas Ronney $720 dollars and no
Cents with interest at 13% per year, payable at Nations Bank Abercorn Branch.
Due: June 10 Signed: Fred Nester
--------------------------------------------------------------
Who is the maker of the note?
A)Not given
B)Nations Bank Abercorn Branch
C)Fred Nester
D)Thomas Ronney

Question

Quizplus · Accepted Answer

The maker of the note is the person who promises to pay, which in this case is Fred Nester as his signature appears under "Signed". The other options are incorrect as they do not fulfill the criteria of a maker. The maker of the note is the person who promises to pay the money, and in this case, it is Fred Nester who signed the note. Therefore, the correct choice is C.

Answer the Question About the Promissory Note Given