A company which issues a promissory note in lie... - JAMB Commerce 1999 Question
A company which issues a promissory note in lieu of payment for goods purchased
A
can refuse to pay ondue date since it is only a promise
B
is bound to redeem the note for cash on due date
C
is not bound to renew the note before payment
D
can return the goods purchase and refuse to pay
correct option: b
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