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Promissory Note includes an unconditional ___?

15. Promissory Note includes an unconditional ___?

  1. Order
  2. Promise
  3. Payment
  4. 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.

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