Which of these is not true about a promissory note
A)Unconditional promise .
B)Crossing .
C)Certainty of amount .
D)Payee to a certain person

Question

Quizplus · Accepted Answer

Crossing is a feature associated with cheques, not promissory notes. A promissory note involves a clear, unconditional promise to pay a certain amount to a specific person or order, but it does not involve crossing, which is a banking process used to specify that a cheque must be deposited directly into a bank account rather than cashed out.

Which of These Is Not True About a Promissory Note