Question:

Which section talks about "promissory note" under the Negotiable Instrument Act, 1881?

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A promissory note is a written promise to pay a specific amount of money to a specified person, defined under Section 2 of the Act.
Updated On: Sep 18, 2025
  • Section 1 of Negotiable Instrument Act
  • Section 2 of Negotiable Instrument Act
  • Section 3 of Negotiable Instrument Act
  • Section 4 of Negotiable Instrument Act
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The Correct Option is B

Solution and Explanation

Step 1: Review relevant sections.
- A promissory note is defined under Section 2 of the Negotiable Instruments Act, 1881.

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