Home »
MCQs »
Commerce MCQs »
Bills of Exchange MCQs
Promissory Note includes an unconditional ___?
15. Promissory Note includes an unconditional ___?
- Order
- Promise
- Payment
- Pay Order
Answer: B) Promise
Explanation:
A promissory note is an unqualified guarantee recorded as a hard copy made by one individual to one more endorsed by the creator, connecting with to pay, on request or at a fixed or definable future time, a total sure in cash, too, or to the request for, a predefined individual or the carrier.