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Fees paid in cash to Notary Public is charged by:
  • a)
    Drawer 
  • b)
    Drawee
  • c)
    Holder of bill of exchange 
  • d)
    None
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Fees paid in cash to Notary Public is charged by:a)Drawerb)Draweec)Hol...
The correct option is Option C.
Noting is the recording of the fact of dishonor by a notary public which becomes an evidence of dishonor. When a bill of exchange is dishonor, in order to prove the fact, the holder may get the bill noted. Charges paid on noting are called as noting charges
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Most Upvoted Answer
Fees paid in cash to Notary Public is charged by:a)Drawerb)Draweec)Hol...
The correct option is Option C.
Noting is the recording of the fact of dishonor by a notary public which becomes an evidence of dishonor. When a bill of exchange is dishonor, in order to prove the fact, the holder may get the bill noted. Charges paid on noting are called as noting charges
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Community Answer
Fees paid in cash to Notary Public is charged by:a)Drawerb)Draweec)Hol...
Money is paid to notary public first by holder of bill but it is ultimately expense to drawer.
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Fees paid in cash to Notary Public is charged by:a)Drawerb)Draweec)Holder of bill of exchanged)NoneCorrect answer is option 'C'. Can you explain this answer?
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