

MCQOPTIONS
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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 | |