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A Promissory Note is a contract enforceable under CIVIL law. Criminal sanctions do not enter into it.

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15y ago

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How can you put the word promissory in a sentence?

In the insurance policy, the promissory was to be a 3% deductible. a08Deevic88 www.ETangerineE.webs.com


What is an unsecured promissory note?

A promissory note is a document where you agree or promise to repay a certain amount of money to someone. If it is unsecured, it means that nothing was put up as collateral to back up your promise [such as a house, a car, stocks, etc. ].


What is Difference between cheque and promissory note?

The following are the main differences between a Bill of Exchange and a Promissory Note:A Bill of Exchange is an unconditional order to pay money, whereas a promissory note is an unconditional undertaking or promise to pay money to a certain person.In a Bill of Exchange, there are three parties, viz., the drawer, the drawee and the payee. In a Promissory Note, there are only two parties, viz., the Maker and the Payee.In case of usance (Time) bill, acceptance of the bill is necessary, whereas in a promissory note no such acceptance is required.While foreign bill of exchange is drawn in sets of three, foreign promissory note requires no such sets.In case a foreign bill of exchange is is dishonoured, protesting is compulsory. But when a foreign promissory note is dishonoured, no protesting is required.In case a bill of exchange is dishonoured, a notice of dishonour is required to be given by the holder to the maker of the bill (= drawer). However, in case a promissory note is dishonoured, no notice of dishonour is required to be given by the holder of the maker of the promissory instrument.The liability of the drawer (= maker) of a bill of exchange is secondary, whereas, the liability of the maker of a promissory note is primary.A bill of exchange is drawn for financing trade, whereas, the liability of the maker of is a promissory note is primary.When a bill of exchange is made payable to the bearer, it is not considered as illegal. But a Promissory Note, which does not contain the payee's name, but states that it is payable to bearer, it becomes illegal.In a bill of exchange, the drawee can put conditions subject he will accept the bill. but in a promissory note a maker cannot put any conditions on it.M.J. SUBRAMANYAM, BANGALORE


What criminal names did Light put in the Death note?

to be awnest he rote thousands maybe more names in the note, and i would look it up but i cant reed jappenies


Promissory Note Default Notice?

Promissory Note Default Notice(Download)____________________________________________________________________________________________________________________Re: Promissory note dated _______________Amount due as of this date: $ _______Dated: ___________Dear __________:Please be advised that the undersigned is the holder and owner of a certain promissory note made by you dated ______, in the original principal amount of $ _______ (__________________ &___/100 dollars.)You are hereby notified that you have defaulted under said note because you have failed to pay the note when due.Therefore, pursuant to the terms of the note, the holder herewith accelerates the payment of the full remaining interest and principal. Demand is hereby made upon you for full payment of the entire balance due on said note in the amount of $ _______ (_______________________________ &___/100 dollars), including interest accrued to date._____________________________Note HolderPromissory Note Default NoticeReview ListThis review list is provided to inform you about this document in question and assist you in its preparation. This default notice is necessary prior to filing suit for collection.1. Make multiple copies. Fax and mail copies to the defaulter. Put one in the file for turning over to your attorney for collection, unless you choose to do it pro se, without a lawyer.


Is it angainst the law to put a potato in a tailpipe of a car?

Do it to someone else's car, and you could face criminal mischief and other vandalism-related charges.


Can you put a lien on someone if they've defaulted on a promissory note for a cash loan?

Yes, you can typically place a lien on someone's property if they have defaulted on a promissory note for a cash loan, provided that you have followed the legal procedures required in your jurisdiction. This usually involves obtaining a court judgment against the borrower, which then allows you to file a lien against their property. However, the specific process and requirements can vary by state or country, so it's important to consult with a legal professional for guidance.


What if you had someone sign that they served papers to the other parent but you served it yourself?

You may be facing criminal charges if your spouse wants to put you in trouble for falsifying information. And the person that signed it will also face problems. Try avoid it unless you are working with a criminal and lawyer two in one combo lol criminal lawyer.


I loaned 15000 and received a promissory note I am told that this is no guarentee that I will get my money back upon sale is it possible to put a lien on the property?

You need legal advice that is particular to your state.First, there is a statute of limitations in your state that governs how long a promissory note is effective. If the note remains unpaid you can bring the matter to court and obtain a judgment if the terms of the note have been breached. If you obtain a judgment in your favor, you can ask the court for a judgment lien that can be recorded in the land records against the debtor's real estate. Once the lien has been recorded the property cannot be sold or refinanced until the debt is paid.It would be worthwhile to invest in a hour with an attorney who can review your situation and explain your options.


Does tin foil block store security tags?

Yes, I've seen it work on the tags they put on spirits in supermarkets - also seen it work on cloths tags.


Promissory Note-In Series?

Promissory Note-In Series(Download)$ ______FOR VALUE RECEIVED, ________, the MAKER, promises to pay to the order of ____________, the HOLDER, the sum of $______ (_______ ____________________ &___/100 dollars) payable at ________, ___________ with interest at the rate of __ percent per annum.This note is No. __ in a certain series of __ notes.Should there be a default in the payment of any of the notes, then, at the option of the holder hereof, the remaining notes within the series shall immediately become due and payable.Upon default, the MAKER shall pay all reasonable costs of collection including attorneys fees.________________________________________MAKERPromissory Note-In SeriesReview ListThis review list is provided to inform you about this document in question and assist you in its preparation. This is straightforward approach to notes.1. Make multiple copies. Put a copy in each related file.


What happens if you put a battery in the freezer?

it charges