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Bill of Exchang...

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  • Question 1
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    How many parties are usually found in the case of a bill of exchange?

  • Question 2
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    The term bill of exchange is defined in section _________ of the Negotiable Instruments Act.

  • Question 3
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    Bill of exchange is an _________.

  • Question 4
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    The person who draws the cheque and signs on it is the ______.

  • Question 5
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    Bank on whom a cheque is drawn.

  • Question 6
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    Drawee of a bill of exchange is generally a ________.

  • Question 7
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    How many parties are there in a Promissory note?

  • Question 8
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    How many days grace period is given for payment of a bill of exchange?

  • Question 9
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    Drawee means a person who ___________.

  • Question 10
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    Bill payable is drawn by __________.

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