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 | |