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Tuesday, February 5, 2008

The promissory note - the written promise to pay the specified sum of money



The promissory note - the written promise to pay the specified sum of money. During a problem that is, notes when it is signed and put two parties are connected with it, the manufacturer and the addressee of payment. The manufacturer - the person who subscribes or promises to pay the note; the addressee of payment - the person, to which or to whose to the order the note is made subject to payment. Contractual in commercial sense means transferred, and the contractual note - the note which can be transferred from one person to another. The note which will be made contractual, should contain the bearer of a word or a word order that is, it should be to subject payment or the bearer, or to the order of the addressee of payment. The non-turnaround note is subject to payment to the specific person only. The note can be written on any [19] kind of a paper, in ink or a pencil.
It wisely, however, to use ink to prevent changes. All dealers writing products sell the blank forms for notes which are easily filled century




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