A company which issues a promissory note in lieu of payment for goods purchased
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Correct Answer: Option D
Explanation:
A promissory note is a financial instrument that contains a written promise by one party to pay another party a definite sum of money.
the company is bound to redeem the cash on the due date
A promissory note is a financial instrument that contains a written promise by one party to pay another party a definite sum of money.
the company is bound to redeem the cash on the due date