What Is Usance Promissory Note?

1.	What Is Usance Promissory Note?
Answer» The PROMISSORY Note which is payable after a PREDEFINED definite PERIOD is CALLED “Usance Promissory Note”. The Promissory Note which is payable after a predefined definite period is called “Usance Promissory Note”.

Answer»

The PROMISSORY Note which is payable after a PREDEFINED definite PERIOD is CALLED “Usance Promissory Note”.

The Promissory Note which is payable after a predefined definite period is called “Usance Promissory Note”.

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