Promissory Note Due on a Specific Date?

Promissory Note Due on a Specific Date?
by

1 Answer

Answer :

Get StartedThe Due on a Specific Date Promissory Note is a document that specifies the terms, rights, and obligations that apply to a loan. The party making the loan is the "Lender" and the party borrowing the loan funds is the "Borrower." The Note includes provisions regarding the amount of the loan, the interest rate, the date by which the loan must be repaid, and general provisions for enforcing the repayment of the loan.A loan under a Due on a Specific Date Promissory Note must be repaid by the Borrower to the Lender on a specified due date.
by
selected by

Related questions

Promissory Note Due on Demand?

Description : Promissory Note Due on Demand?

Last Answer : Get StartedThe Due on Demand Promissory Note is a document that specifies the terms, rights, and obligations that apply to a loan. The party making the loan is the "Lender" and the party borrowing ... "on demand," meaning it must be paid immediately by the Borrower upon request by the Lender.

Promissory Note - Due on Demand (Personal)?

Description : Promissory Note - Due on Demand (Personal)?

Last Answer : Get StartedA Due on Demand Promissory Note specifies the terms, rights, and obligations that apply to a loan. The party making the loan is the "Lender" and the party borrowing the loan funds is the ... Note is payable "on demand." In other words, payable immediately at the request of the Lender.

To whom of the following, payment of the amount due on a promissory note, bill of exchange or cheque must be made in order to discharge the maker or acceptor A. Holder of the instrument B. Indorser of the instrument C. Indorsee of the instrument D. None of the above.

Description : To whom of the following, payment of the amount due on a promissory note, bill of exchange or cheque must be made in order to discharge the maker or acceptor A. Holder of the instrument B. Indorser of the instrument C. Indorsee of the instrument D. None of the above.

Last Answer : A. Holder of the instrument

The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder thereof B. The payment by a bank on a negotiable instrument after due verification of the instrument C. The bargaining between the parties to a negotiable instrument D. All of the above.

Description : The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the ... the instrument C. The bargaining between the parties to a negotiable instrument D. All of the above

Last Answer : A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder thereof

Real estate question. Can a person be on the promissory note and not on the deed of trust?

Description : Real estate question. Can a person be on the promissory note and not on the deed of trust?

Last Answer : Yes, anytime one person co-signs for someone else, they are on the promise to pay. They don't have to have any ownership in the property (real estate as well as auto). This is usually done ... who signs off a quit-claim deed in the mistaken belief that gets them out of responsibility for the debt.

Why is a rose-bud like a promissory note? -Riddles

Description : Why is a rose-bud like a promissory note? -Riddles

Last Answer : It matures by falling dew.

promissory note example

Description : promissory note example

Last Answer : See here > http://www.usattorneylegalservices.com/promissory-note.html

Promissory Note with Balloon Payments?

Description : Promissory Note with Balloon Payments?

Last Answer : Get StartedA Balloon Payment Promissory Note is a written document that specifies the terms, rights, and obligations that apply to a loan. The party making the loan is the "Lender" ... be used to enter the basic financial information.A Balloon Payment Promissory Note gives Borrowers an opportunity

Promissory Note Default Notice?

Description : Promissory Note Default Notice?

Last Answer : Promissory Note Default Notice(Download)____________________________________________________________________________________________________________________Re: Promissory note dated _______________Amount due as of this date: $ _______Dated: ... for full payment of the entire balance due on said

Promissory Note Assignment?

Description : Promissory Note Assignment?

Last Answer : Promissory Note Assignment(Download)WHEREAS, ____________, is the owner and holder of the following described promissory note:Maker(s): __________________________Face amount: $_______(______________&___/100 dollars) ... a promissory note.1. Make multiple copies. Give one to each related party.

Mr. Mendoza lends $ 25,000 to a friend with interest of 15.3% per year and a 5-month term, but 2 months later, he negotiated the corresponding promissory note at $ 25,750, what was the commercial discount rate?

Description : Mr. Mendoza lends $ 25,000 to a friend with interest of 15.3% per year and a 5-month term, but 2 months later, he negotiated the corresponding promissory note at $ 25,750, what was the commercial discount rate?

Last Answer : Nevermind I found it but I can't delete the question so I guess Ill just to leave it.

A signed undertaking from one party containing a promise to pay a stated sum to a specified person or a company is known as ________ A. Power of Attorney B. Promissory Note C. Purchasing Power Parity D. None of the Above

Description : A signed undertaking from one party containing a promise to pay a stated sum to a specified person or a company is known as ________ A. Power of Attorney B. Promissory Note C. Purchasing Power Parity D. None of the Above

Last Answer : B. Promissory Note Explanation: A promissory note is a legal instrument in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee)

The section 4 of the Negotiable Instruments Act, 1881 deals with ________ A. Cheque B. Bills of Exchange C. Promissory Note D. All of the Above E. None of the Above

Description : The section 4 of the Negotiable Instruments Act, 1881 deals with ________ A. Cheque B. Bills of Exchange C. Promissory Note D. All of the Above E. None of the Above

Last Answer : C. Promissory Note Explanation: The section 4 of the Negotiable Instruments Act, 1881 deals with Promissory Note.

Define Promissory note?

Description : Define Promissory note?

Last Answer : Negotiable instrument act 1881 defines a promissory note as “an instrument in writing containing an unconditional undertaking signed by the maker to pay a certain sum of money only, to or to the order of a certain person”.

Presentment of an acceptance is required in case of A. Every Bill of exchange B. Every Bill of exchange payable after sight C. Every promissory note D. Every cheque

Description : Presentment of an acceptance is required in case of A. Every Bill of exchange B. Every Bill of exchange payable after sight C. Every promissory note D. Every cheque

Last Answer : C. Every promissory note

Acceptor for honour can be a party to A. A cheque B. A bill of exchange C. A promissory note D. A hundi

Description : Acceptor for honour can be a party to A. A cheque B. A bill of exchange C. A promissory note D. A hundi

Last Answer : B. A bill of exchange

In a promissory note, the amount of money payable A. Must be certain B. May be certain or uncertain C. Is usually uncertain D. None of the above.

Description : In a promissory note, the amount of money payable A. Must be certain B. May be certain or uncertain C. Is usually uncertain D. None of the above.

Last Answer : A. Must be certain

A promissory note or bill of exchange which is not expressed to be payable on demand, at sight or on presentment is at maturity A. On the 30th day after the day on which it is expressed to be payable B. On the 3rd day after the day on which it is expressed to be payable C. On the 5th day after the day on which it is expressed to be payable D. On the 4th day after the day on which it is expressed to be payable.

Description : A promissory note or bill of exchange which is not expressed to be payable on demand, at sight or on presentment is at maturity A. On the 30th day after the day on which it is expressed to be ... expressed to be payable D. On the 4th day after the day on which it is expressed to be payable.

Last Answer : D. On the 4th day after the day on which it is expressed to be payable.

If an instrument may be construed either as a promissory note or bill of exchange, it is A. A valid instrument B. An ambiguous instrument C. A returnable instrument D. None of the above.

Description : If an instrument may be construed either as a promissory note or bill of exchange, it is A. A valid instrument B. An ambiguous instrument C. A returnable instrument D. None of the above.

Last Answer : A valid instrument

Cheque is a A. Promissory note B. Bill of exchange C. Both (a) and (b) above D. None of the above.

Description : Cheque is a A. Promissory note B. Bill of exchange C. Both (a) and (b) above D. None of the above.

Last Answer : D. None of the above.

Unsecured short term deposit made by one company with another (only in case of public company) a. ICD b. Overdraft c. Cash Credit d. Promissory Note

Description : Unsecured short term deposit made by one company with another (only in case of public company) a. ICD b. Overdraft c. Cash Credit d. Promissory Note

Last Answer : a. ICD

What was Texas issued promissory notes called?

Description : What was Texas issued promissory notes called?

Last Answer : Need answer

What are credit promissory bill of exchange of letter credit?

Description : What are credit promissory bill of exchange of letter credit?

Last Answer : What is the answer ?

Which one of the following is not a valuable security? a) A postal receipt for an insured parcel b) A rent notec) A promissory noted) A deed of divorcee

Description : Which one of the following is not a valuable security? a) A postal receipt for an insured parcel b) A rent note c) A promissory note d) A deed of divorcee

Last Answer : d) A deed of divorcee

Government promissory notes received for safe Custody must record at -------------- in a register in Form Sec 19 a. Once b. Twice c Once in a month

Description : Government promissory notes received for safe Custody must record at -------------- in a register in Form Sec 19 a. Once b. Twice c Once in a month

Last Answer : a. Once

is any specific order is necessary for retirement of due date a. No b. Yes

Description : is any specific order is necessary for retirement of due date a. No b. Yes

Last Answer : a. True

Which of the following statements is/are correct? 1. A materials requisition note is used to record the issue of direct material to a specific job. 2. A typical job cost will contain actual costs for material, labour and production overheads, and non –production overheads are often added as a percentage of total production cost 3. The job costing method can be applied in costing batches (a) (1) only (b) (1) and (2) only (c) (1) and (3) only (d) (2) and (3) only

Description : Which of the following statements is/are correct? 1. A materials requisition note is used to record the issue of direct material to a specific job. 2. A typical job cost will contain actual costs for material, labour and production ... 1) and (2) only (c) (1) and (3) only (d) (2) and (3) only

Last Answer : (c) (1) and (3) only

How do you find specific pictures within a specific date and location on Twitter?

Description : How do you find specific pictures within a specific date and location on Twitter?

Last Answer : answer:You'd have to use the Twitter API to have a shot at doing this I believe. Two things there though 1) It's programming, not necessarily lots of it, but not a quick thing either 2) I don' ... turned up TwiPho which I'm not familiar with and haven't used, but sounds like what you're looking for.

Creating date specific links?

Description : Creating date specific links?

Last Answer : answer:If PHP is available on your server, you can do it by linking to this address: http://www.example.com/file.pdf JavaScript will be a little trickier, and you'll have to keep in mind that links won' ... disabled. I'll post a script for that in a little while if no one else gets to it first.

In what exact dates was 30 seconds to mars on tour in São Paulo, Brazil. Please specific answer (tour name and date)?

Description : In what exact dates was 30 seconds to mars on tour in São Paulo, Brazil. Please specific answer (tour name and date)?

Last Answer : A Beautiful Lie tour - October 21, 2007 Into the Wild tour - March 27, 2011 Love, Lust, Faith & Dreams tour - October 16, 2014 Monolith tour - September 27, 2018

When a specific date is not given, in that case, interest on the drawing is charged for ___________ month.

Description : When a specific date is not given, in that case, interest on the drawing is charged for ___________ month.

Last Answer : When a specific date is not given, in that case, interest on the drawing is charged for ___________ month. (a) Four (b) Six (c) Eight (d) Nine

___________ is a statement that shows the financial position of a business on a specific date.

Description : ___________ is a statement that shows the financial position of a business on a specific date.

Last Answer : ___________ is a statement that shows the financial position of a business on a specific date. (a) Trading ... Profit & Loss A/c (d) Balance Sheet

What financial report that presents a detailed picture of the financial condition of a business on a specific date is called a?

Description : What financial report that presents a detailed picture of the financial condition of a business on a specific date is called a?

Last Answer : Need answer

What A financial statement that lists a company's assets liabilities and owner's equity as of a specific date is called?

Description : What A financial statement that lists a company's assets liabilities and owner's equity as of a specific date is called?

Last Answer : A Balance Sheet, also sometimes referred to as a Statement of Financial Position.

An auditor should design the written audit program so that a. All material transactions will be selected for substantive testing. b. Substantive tests prior to the balance sheet date will be minimized. c. Each account balance will be tested under either tests of controls or tests of transactions. d. The audit procedures selected will achieve specific audit objectives

Description : An auditor should design the written audit program so that a. All material transactions will be selected for substantive testing. b. Substantive tests prior to the balance sheet date ... controls or tests of transactions. d. The audit procedures selected will achieve specific audit objectives

Last Answer : The audit procedures selected will achieve specific audit objectives

With respect to the auditor's planning of a year-end examination, which of the following statements is always true? a. An engagement should not be accepted after the fiscal year-end. b. It is an acceptable practice to carry out substantial parts of the examination at interim dates. c. An inventory count must be observed at the balance sheet date. d. The client's audit committee should not be told of the specific audit procedures that will be performed

Description : With respect to the auditor's planning of a year-end examination, which of the following statements is always true? a. An engagement should not be accepted after the fiscal year-end. b. It ... . The client's audit committee should not be told of the specific audit procedures that will be performed

Last Answer : It is an acceptable practice to carry out substantial parts of the examination at interim dates

An auditor should design a written audit program so that: a. All material transactions will be selected for substantive testing. b. Substantive tests prior to the balance sheet date will be minimized. c. The audit procedures selected will achieve specific audit objectives. d. Each account balance will be tested under either tests of controls or tests of transactions

Description : An auditor should design a written audit program so that: a. All material transactions will be selected for substantive testing. b. Substantive tests prior to the balance sheet date will be minimized ... . d. Each account balance will be tested under either tests of controls or tests of transactions

Last Answer : The audit procedures selected will achieve specific audit objectives

What is embargo? a) A ship, which often comes late b) A ban on publication before a specific date c) A story, which has no end d) None of these

Description : What is embargo? a) A ship, which often comes late b) A ban on publication before a specific date c) A story, which has no end d) None of these

Last Answer : b) A ban on publication before a specific date

What is embargo? A. A ship, which often comes late B. A ban on publication before a specific date C. A story, which has no end D. None of these

Description : What is embargo? A. A ship, which often comes late B. A ban on publication before a specific date C. A story, which has no end D. None of these

Last Answer : B. A ban on publication before a specific date

What is the benefit of using PERT/CPM network as integral component of project management? a. They furnish a consistent framework for planning, scheduling, monitoring and controlling project b. They illustrate the interdependencies of all tasks c. They can be used to estimate the expected project completion dates as well as the probability that the project will be completed by a specific date d. All of the above

Description : What is the benefit of using PERT/CPM network as integral component of project management? a. They furnish a consistent framework for planning, scheduling, monitoring and controlling project b. They illustrate ... that the project will be completed by a specific date d. All of the above

Last Answer : d. All of the above

Credit rating is an expression of credit rating agencies regarding debt instrument on a specific date on______. (a) Risk evaluation b) Product c) services)

Description : Credit rating is an expression of credit rating agencies regarding debt instrument on a specific date on______. (a) Risk evaluation b) Product c) services)

Last Answer : (a) Risk evaluation