Unlike a cheque or a bill of exchange, a promissory note does not create any rights or

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“Unlike a cheque or a bill of exchange, a promissory note does not create any rights or obligations involving a third party.” Is that statement true? Explain your answer.

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Managing the Law The Legal Aspects of Doing Business

ISBN: 978-0132164429

4th edition

Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer

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