Discuss the distingtion among Promissory Notes, Bill of Exchange, and Cheques 

Promissory Notes, Bills of Exchange, and Cheques are important negotiable instruments used in commercial transactions. Although they have similarities, there are distinct differences among them. Let's discuss the distinctions among Promissory Notes, Bills of Exchange, and Cheques:

1. Promissory Notes: A promissory note is a written promise made by one party (the maker) to another party (the payee) to pay a certain sum of money at a specified time or on __________ ________ ________ ______ _____ ________.
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