A promissory note must contain:

CS CSEET · Business Laws and Management · PYQS · October 2026
A promissory note must contain:
(A) An unconditional undertaking to pay a certain sum of money
(B) A conditional promise to pay when able
(C) A promise to pay in goods
(D) A promise to pay in foreign currency only

Answer & Explanation:

Correct Answer: Option (A)

Correct answer: (A) An unconditional undertaking to pay a certain sum of money.

Topics: Negotiable Instruments Act, 1881

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