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Bill of Exchang...

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  • Question 1
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    From the following information find out who can draws a bill if Jitesh sold goods Jay

  • Question 2
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    When the bill are to be produced to notary public

  • Question 3
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    Which of the following statement is false

  • Question 4
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    Entry regarding payment of bill will be passed in the books of drawer if the bill is

  • Question 5
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    Under which circumstances drawer and payee is the same person

  • Question 6
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    ‘Mr Ramesh, I owe you a sum of Rs 5000/’- is

  • Question 7
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    Match the following, options are

    a. Drawer i. Drawer is the person who draws the bill.
    b. Drawee ii. Who receives the payment
    c. Payee iii. Who has to make the payment on the specified date to the holder of the instrument

  • Question 8
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    Which of the following is not the characteristic of Promissory Note?

  • Question 9
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    Ram accepted a bill drawn by Robin endorsed the bill to Sohail. On due date the bill is dishonoured as Ram became insolvent .To record the dishonor of the bill in the books of Robin which of the following account should be credited

  • Question 10
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    Mohan sold goods to Suraj for Rs. 20000 and draw a bill upon Suraj for the same amount which is payable after 4 months. Mohan retain the bill for 4 months .Who is the drawee

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