Question

Which is a "Promissory Note"?

• A. I promise to pay B, Rs 500 and to deliver to him my black horse on 1st January next.
• B. I promise to pay B, Rs. 500 seven days after my marriage with C
• C. I acknowledge myself to indebted to B in Rs. 1000, to be paid on demand, for value received.
• D. I promise to pay B, Rs. 500 on D's death provided D leaves me enough to pay that sum.

Answer 1

Answer:

C. I acknowledge myself to indebted to B in Rs. 1000, to be paid on demand, for value received.

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