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InterviewSolution
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Define Promissory Note? |
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Answer» Negotiable instrument act 1881 defines a promissory NOTE as “an instrument in writing containing an UNCONDITIONAL undertaking SIGNED by the MAKER to pay a certain SUM of money only, to or to the order of a certain person”. Negotiable instrument act 1881 defines a promissory note as “an instrument in writing containing an unconditional undertaking signed by the maker to pay a certain sum of money only, to or to the order of a certain person”. |
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