"Promissory note"

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..... order of, a certain person, or to the bearer of the instrument. Illustrations A signs instruments in the following terms:— ( a ) "I promise to pay B or order Rs. 500." ( b ) "I acknowledge myself to be indebted to B in Rs. 1,000, to be paid on demand, for value received." ( c ) "Mr. B, I.O.U. Rs. 1,000." ( d ) "I promise to pay B Rs. 500 an .....

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