Question

I promise to pay Rs.5000 to y provided he is ready to go with me to kill X .is this a promissory note​

Answer 1

Answer:

No. it is not a promissory note.

Explanation:

A promissory note is an agreement to pay a debt in the form of a written document.

• It is a financial instrument in which one party (the maker or issuer) promises in writing to pay a specified amount of money to the other (the payee), either at a specific, determinable future time or on the payee's demand subject to specific terms.
• In the given question, it is not mentioned that the promise is made on the written document.
• Hence, it is not a promissory note.