Below isthe general information needed to be written in a promissory note except for?a.The name of the payeeb.The amount to be paidc.The date when the promissory note was signedd.The type of obligation
Question
Below isthe general information needed to be written in a promissory note except for?a.The name of the payeeb.The amount to be paidc.The date when the promissory note was signedd.The type of obligation
Solution
The answer is d. The type of obligation. A promissory note typically includes the name of the payee, the amount to be paid, and the date when the note was signed. However, the specific type of obligation is not usually included in a promissory note. Instead, the note simply states that the payer
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