What Is School Promissory?

What is School Promissory?

Promissory note

A 1926 Promissory Note from the Imperial Bank of India, Rangoon, Burma for 20,000 rupees plus interest

A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financial instrument and a debtinstrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms.

school promisory note can be use if you do not have money to pay your kids exam, that is the time you will use the promissory note, instead of the permit you will need to use the promissory note

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