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Jane borrowed $1,000 from West Bank and signed a promissory note. Jane is the

User Strickli
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2 Answers

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Final answer:

Jane is the maker of a promissory note after borrowing $1,000 from West Bank, obligating her to repay the sum per the note's terms.

Step-by-step explanation:

When Jane borrowed $1,000 from West Bank and signed a promissory note, she became the maker of the note. A promissory note is a financial instrument that contains a written promise by one party (the maker) to pay another party (the payee) a definite sum of money, either on demand or at a specified future date. Jane is legally obligated to repay the amount according to the terms and conditions mentioned in the promissory note.

User Pwner
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3 votes
Jane is the consumer I think
User Alukach
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