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What is promisary note

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What is promisary note

Posted by Maroof Siddiqui 6 years, 10 months ago

CBSE > Class 11 > Accountancy

1 answers

Piyush Bhatnagar 6 years, 10 months ago

A promisory note is an instrument in writing (not being a bank note or a currency note) containing an unconditional undertaking signed by the maker to pay a certain sum of money only or to the order of a certain person or to be the bearer of the instrument.

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