Webpromissory note, short-term credit instrument consisting of a written promise by one person (maker) to pay a specified amount of money to another on demand or at a given future date. Promissory notes are often negotiable and may be secured by the pledge of collateral. Promissory notes were in use in Europe during the Renaissance. The instrument ... http://www.gimmenotes.co.za/wp-content/uploads/2016/12/MRL4801-study_units_1_and_2.pdf
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WebA negotiable promissory note is unconditional promise made in writing by one person to another to pay on demand to the payee, or at fixed or ascertainable future time, sum … WebCHAPTER II OF NOTES, BILLS AND CHEQUES 4. “Promissory note.”—A “Promissory note” is an instrument in writing (not being a bank-note or a currency-note) containing an unconditional undertaking, signed by the maker, to pay a certain sum of money only to, or to the order of, a certain person, or to the bearer of the instrument. WebOF NOTES, BILLS AND CHEQUES. “Promissory note.” 4. A “promissory note” is an instrument in writing (not being a bank- note or a currency-note) containing an unconditional undertaking, signed by the maker, to pay a certain sum of money only to, or to the order of, a certain person, or to the bearer of the instrument. Illustrations. domaci ratluk cena