Test: Bill Of Exchange - 2

Bill receivable is an

A bill of exchange is renewed at the request of

If the due date is public holiday what will be the due date of the bill

Fee paid in cash to Notary Public is charged by

Kamal draws a bill on Sahil for Rs.3000.Kamal endorsed it to Rohan. Rohan endorsed it to Rakesh.The payee of the bill will be

Noting charges are paid by the ___ but these are recordable from the ____

Person to whom the bill is endorsed called ____

What are the parties to a bill of exchange

Which bill is not allowed 3 days of grace

The purpose of accommodation bill is :

On dishonor of a discounted bill whom does the bank look for payment

The act for signing by the drawer on the book of the instruments for the purpose of transfer

Which balance is shown by a B/R Book

On whom the trade bill drawn

The party who is entitled to receive the cash of a bill receivable is called

Discounting Charges =

According to Negotiable Instrument Act, 1881, which of the following refers to “an instrument in writing (not being a bank note or a currency note) containing unconditional undertaking, signed by the maker to pay on demand or at a fixed or determinable future time a certain sum of money only to or to the order of a certain person, or to the bearer of the instrument”?