If a promissory note is incomplete at the time a maker signs it, the maker is not obligated to pay.

Name: If a promissory note is incomplete at the time a maker signs it, the maker is not obligated to pay.
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Question

Quizplus · Accepted Answer

A promissory note must be complete and contain all necessary terms and information for the maker to be obligated to pay. If it is incomplete at the time of signing, it is not considered a valid contract and the maker is not obligated to pay.

If a Promissory Note Is Incomplete at the Time a Maker