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A promissory note was made without mentioning any time for payment the holder added the words on demand on the face of the instrument state whether it amounted to material alteration and effects?
Adding the words "on demand" to a promissory note that initially did not specify a time for payment is considered a material alteration. This change modifies the original terms of the note by making it payable upon demand rather than leaving the payment time ambiguous. As a result, the original maker may not be bound by the altered terms unless they consented to the change, potentially affecting the enforceability of the instrument. Therefore, the alteration could render the note void or give rise to defenses against enforcement.
What happens to your credit when the car is returned because neither party can pay the note?
It's noted on your credit score that you were unable to make payments/late payments. It just looks very bad. Avoid taking out a car loan on a car you can't afford.
What is a five pound note?
A five pound note (or a £5 note) is a banknote worth £5. If this is a modern note, it is probably a British £5 note.
When the maker of a note honors the note this indicates that the note is?
Paid in full
How do you make a promissory note to pass a failed subject?
To create a promissory note for passing a failed subject, start by drafting a document that outlines your commitment to complete any required work or assignments to demonstrate your understanding of the material. Include your name, the course title, and a clear statement of your intentions, along with any agreed-upon deadlines or conditions set by your instructor. Both you and the instructor should sign and date the note to formalize the agreement. Ensure to keep a copy for your records.
What is past participle of 'return'?
Returned is the past participle (note spelling of participle) of return.
What episodes of Death Note is Ryuk in?
He went to the Shinigami world after Light told him to get rid of the death note, but he returned after Light memory's back
What is goods returned note?
A goods returns note states the reason for return. For instance, customers may use this when returning items to stores.
What is a debit note and what is it used for?
A debit note is a document that is used by a buyer to inform the company of the quality of goods and price of the goods that are being returned. Debit note is also known as a debit memo.
What is the material used to make the Indian rupee currency note?
a Indian currency note made from cotten not from paper
What is the perpose of the credit note?
A credit note (also known as a credit memorandum or credit memo) is a document that is issued by a seller to a buyer. The credit note is used to reimburse a buyer for goods that have been returned to...the purpose of the credit note is when you have to correct an invoice that has already been processed and sent to the buyer.
How can you prepare for a credit note?
A credit note (also known as a credit memorandum or credit memo) is a document that is issued by a seller to a buyer. The credit note is used to reimburse a buyer for goods that have been returned to...the purpose of the credit note is when you have to correct an invoice that has already been processed and sent to the buyer.
What is a delivery note?
Document accompanying a shipment of goods that lists the description, grade, and quantity of the goods delivered. A copy of the delivery note, signed by the buyer or consignee, is returned to the seller or consignor as a proof of delivery.
What is full form of STN?
Stock Transfer Note Stock Transfer Note is Sent along with the material during STO between plants.
What is a sentence using the word visitor?
Any visitor to the school has to be authorized by the school office. He returned home to find that a visitor had left a note on his door.
A genealogist wrote a note that said none of the 17th century family had returned from HMir. What could HMir stand for?
His/Her Majesty's Inspector of Railways (UK)
What is credit notes?
A credit note (also known as a credit memorandum or credit memo) is a document that is issued by a seller to a buyer. The credit note is used to reimburse a buyer for goods that have been returned to the seller or for goods/services that were not received by a buyer.
