Home › CA Foundation › businesslaw › The Negotiable Instruments Act, 1881 › A promissory note has how many parties?
A promissory note has how many parties?
AOne — the maker
BThree — drawer, drawee, payee
CFour
DTwo — the maker and the payee
Answer & Solution
Correct answer: D. Two — the maker and the payee
A promissory note has two parties: the maker (who promises to pay) and the payee.
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