Accountancy, asked by jeyasuryaprakash13, 5 days ago

What are the parties to a promissory note?​

Answers

Answered by FadedMemory
16

Answer:

Parties to Promissory Notes

  • The maker: This is basically the person who makes or executes a promissory note and pays the amount therein.
  • The payee: The person to whom a note is payable is the payee.
  • The holder: A holder is basically the person who holds the notes.

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