What is a promissory note and bartering?

April 9, 2026Business/Management

ScanSolve AI Answer

April 9, 2026

Answer

Promissory note

1.1.1 The document signed as a promise between one person/business and the issuer to pay an amount to the payee whenever it is needed is called a promissory note.

B. $\boxed{Promissory note}$

1.1.2 An exchange of goods for other goods is known as bartering.

A. $\boxed{Bartering}$

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Quick Answer

1.1.1 The document signed as a promise between one person/business and the issuer to pay an amount to the payee whenever it is needed is called a promissory note.

Asked on April 9, 2026Business/Management

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ScanSolve AI AnswerAnswered on April 9, 2026

1.1.1 The document signed as a promise between one person/business and the issuer to pay an amount to the payee whenever it is needed is called a promissory note. B. Promissory note 1.1.2 An exchange of goods for other goods is known as bartering. A. Bartering