Question by  Dave78 (80)

What is an example of a promissory note?

I want to be "official"?


Answer by  Cecilia (2828)

You should go to your local offic supply store. Promissory Notes are often sold in pads, You enter the information and then the other person signs it. Each of you should have a copy for your own recods.


Answer by  Nes86 (4)

A promissory note is simply the modern version of an IOU. Which is a formal promise to pay back money that one has borrowed. Sometimes the note can be in the form of a signed agreement between the two parties. To some the promissory note can also be coined as a loan.

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