Question

12. A promissory note contains a
promise :
(A) Unconditional
(B) Conditional
(C) Unconditional as well as conditional
(D) Neither unconditional nor conditional​

Answer 1

Answer:

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Explanation:

A promissory note is a financial instrument that contains a written promise by one party (the note's issuer or maker) to pay another party (the note's payee) a definite sum of money, either on demand or at a specified future date. ... In effect, promissory notes can enable anyone to be a lender