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

Related Discussions:- Salient features of a promissory note, accounting

Business valuation to determine the stock price of an entity, Definition of...

Definition of business valuation to determine the stock price of an entity. Business valuation is the value or price where a unit would be purchased at a given point in time. Usual

Force, The 70-m microwave transmission tower

The 70-m microwave transmission tower

Historigram, what is historigram in statistics please give the problems and...

what is historigram in statistics please give the problems and there solution in statistics as soon as possible

Acc, Project I The trial balance of the Parton Wholesale Company contain...

Project I The trial balance of the Parton Wholesale Company contained the following accounts at December 31, 2010 the end of the company’s calendar year. PARTON WHOLESALE COMPA

Historigram, difference between historigram and histogram

difference between historigram and histogram

Free hand in measurig trend, advantages and disadvantages of free hand in m...

advantages and disadvantages of free hand in measurig trend

Standard price, Stock at hand 1000 unit at #0.80 each, received 2000 units ...

Stock at hand 1000 unit at #0.80 each, received 2000 units at #1.10 each,

Analyze data in statistical procedure , Study A ...

Study A Study B Study C x 2 = 1.683 F = 7.357 r = .83 df = 4

Calculate npv and irr of the project, PolyCorp is considering an investment...

PolyCorp is considering an investment in new plant of $3 million. The project will be financed with a loan of $2,000,000 which will be repaid over the next five years in equal ann

Business forecasting, Ask questionmethods of business forecasting #Minimum...

Ask questionmethods of business forecasting #Minimum 100 words accepted#

Write Your Message!

Name

Email id

Message

Verfication Code

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages