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Byju's Answer
Standard XII
Accountancy
Hidden Goodwill
There are par...
Question
There are ___________ parties to a promissory note.
A
One
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B
Two
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C
Three
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D
Four
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Solution
The correct option is
C
Two
In Promissory note there are 2 Parties :-
a) Promisor
b) Promisee
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Similar questions
Q.
How many parties are there in a Promissory note?
Q.
Name the parties to a promissory note.
Q.
Identify which of the following is true and which is false.
P. A promissory note is a three-party instrument.
Q. In a bill of exchange, there are three parties, drawer, drawee and payee.
R. A promissory note can be made payable to the maker himself.
S. In a bill of exchange, the drawer and payee may be the same person.
Select the correct answer from the options given below-
P Q R S
Q.
Which one of the following is not a party to the promissory note?
Q.
A promissory note is a/ an ________.
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