Which one of the following is not a party to the promissory note?

Maker

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Holder

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Acceptor

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Endorser

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Solution

The correct option is C Acceptor
Parties to the Promissory note are:
1. Maker - who makes or executes the note
2. payee - one to whom note is payable
3 holder - payee or other person whom the note is endorsed
4. endorser
5. endorsee

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Similar questions

Q80. Consider the following statements, with regard to the Electoral Bonds.

1. Electoral bonds, can be given to a registered political party which is either a national party or a state party.

2. Although called a bond, the banking instrument resembling promissory notes will not carry any interest.

Select the correct answer using the codes given.

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