Salient features of a promissory note, accounting, Basic Statistics

What are the salient features of a Promissory Note?

Ans. a) A Promissory Note is made by the promiser who undertakes to pay the mentioned amount of Bill to the bearer of the Promissory Note.

b) Promissory Note is signed by a promiser.

c) A required stamp duty is levied on the Promissory Note.

d) The payment is done to the seller or person who is payee by the promiser
Posted Date: 3/26/2012 1:08:59 PM | Location : United States







Related Discussions:- Salient features of a promissory note, accounting, Assignment Help, Ask Question on Salient features of a promissory note, accounting, Get Answer, Expert's Help, Salient features of a promissory note, accounting Discussions

Write discussion on Salient features of a promissory note, accounting
Your posts are moderated
Related Questions
Acceptance Region A term related with the statistical signi?cance tests, which provides the set of values of a test statistic for which the null hypothesis cannot rejected. Supp

Cash disbursements Cash disbursements are any or more moneys [egg, checks: money: warrants: credit, debit card amounts: & EFTs [Electronic Fund Transfers) paid by the state during

opened a business each contributing %60,000 cash to the company and receiving a capital stock for their investment

Distinguish between primary and secondary data. What are the methods of collecting primary data?

A pharmaceutical company is a monopoly in Alzheimer's disease drugs and faces the following inverse demand curve: , where α is the level of advertising. Its marginal production

A scientist claims that the mean incubation period for the eggs of a species of birds is more than 46 days.

Standard costing In contemporary price sales, the idea of documenting traditional expenditures was taken further, by assigning the organization''s set expenditures over a given

independent partial samplintg

which scale of measurement is used for Class size

What are the important principles that have to be observed in the maintenance of discipline