What does a payee have to do when he discounts a note receivable with a bank?A.He has to c
What does a payee have to do when he discounts a note receivable with a bank?
A.He has to collect the maturity value of the note on the discounting date.
B.He has to endorse the note.
C.He has to sell it to the note purchaser.
D.He has to get cash quickly.