To determine which information is not typically required on a note, we need to analyze the common components of a promissory note. A promissory note generally includes the following essential elements:

1. **Payee and Maker**: This identifies who is receiving the payment (the payee) and who is responsible for making the payment (the maker).

2. **Face Value**: This is the amount of money the note is worth, or the amount that is to be paid back.

3. **Issue Date and Term**: The issue date is when the note is created, and the term refers to the duration until the note is due.

4. **Interest Rate and Discount Rate**: While most notes include an interest rate, a discount rate may not be necessary unless the note is a discounted instrument.

Given the options provided, the **Interest rate and discount rate** are typically not both required on a standard note. Therefore, it could be said that "Interest rate and discount rate" is the correct answer to the question, as it suggests an unnecessary duality that is not commonly required.

### Final Answer
**Interest rate and discount rate**

Question

To determine which information is not typically required on a note, we need to analyze the common components of a promissory note. A promissory note generally includes the following essential elements:

1. **Payee and Maker**: This identifies who is receiving the payment (the payee) and who is responsible for making the payment (the maker).

2. **Face Value**: This is the amount of money the note is worth, or the amount that is to be paid back.

3. **Issue Date and Term**: The issue date is when the note is created, and the term refers to the duration until the note is due.

4. **Interest Rate and Discount Rate**: While most notes include an interest rate, a discount rate may not be necessary unless the note is a discounted instrument.

Given the options provided, the **Interest rate and discount rate** are typically not both required on a standard note. Therefore, it could be said that "Interest rate and discount rate" is the correct answer to the question, as it suggests an unnecessary duality that is not commonly required.

### Final Answer
**Interest rate and discount rate**

Knowee AI · Accepted Answer

To determine which information is not typically required on a note, we need to analyze the common components of a promissory note. A promissory note generally includes the following essential elements:

1. **Payee and Maker**: This identifies who is receiving the payment (the payee) and who is responsible for making the payment (the maker).

2. **Face Value**: This is the amount of money the note is worth, or the amount that is to be paid back.

3. **Issue Date and Term**: The issue date is when the note is created, and the term refers to the duration until the note is due.

4. **Interest Rate and Discount Rate**: While most notes include an interest rate, a discount rate may not be necessary unless the note is a discounted instrument.

Given the options provided, the **Interest rate and discount rate** are typically not both required on a standard note. Therefore, it could be said that "Interest rate and discount rate" is the correct answer to the question, as it suggests an unnecessary duality that is not commonly required.

### Final Answer
**Interest rate and discount rate**

The following are required information on a note, EXCEPT:Group of answer choicesInterest rate and discount ratePayee and makerFace valueIssue date and term

Question

The following are required information on a note, EXCEPT:

Solution

Final Answer

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