1.

Which of the following statements is correct about promissory note?

A. It need not be in writing
B. An implied promise is enough to constitute a valid promissory note sanKing in inaia
C. The promise to pay must be definite and unconditional
D. The name of the payee need not be mentioned
Answer» D. The name of the payee need not be mentioned


Discussion

No Comment Found

Related MCQs