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      Question

      In a promissory note the amount of money payable

      ____________
      A Must be certain Correct Answer Incorrect Answer
      B May be certain Correct Answer Incorrect Answer
      C May be certain or uncertain Correct Answer Incorrect Answer
      D As the parties may mutually agree upon Correct Answer Incorrect Answer

      Solution

      Negotiable Instruments Act- 4. тАЬPromissory note.тАЭтАФA тАЬPromissory noteтАЭ is an instrument in writing (not being a bank-note or a currency-note) 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, or to the bearer of the instrument.

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