CA Foundation Exam > CA Foundation Questions > When the bill are to be produced to notary pu...
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When the bill are to be produced to notary public:
- a)At the time of drawing the bill
- b)At the time of acceptance of the bill
- c)At the time of dishonour of the bill
- d)At the time of “bill for collection”
Correct answer is option 'C'. Can you explain this answer?
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When the bill are to be produced to notary public:a)At the time of dra...
When the bill are to be produced to notary public:
There are specific instances when a bill needs to be produced to a notary public. The timing of when the bill should be presented to the notary public depends on the specific situation. Let's explore the different scenarios:
A. At the time of drawing the bill:
- The bill is presented to the notary public when it is initially created and drawn up.
- This is done to authenticate the creation and contents of the bill.
- The notary public will attest to the fact that the bill was properly executed.
B. At the time of acceptance of the bill:
- The bill is presented to the notary public when it has been accepted by the drawee.
- This is done to confirm the acceptance of the bill by the drawee.
- The notary public will attest to the fact that the bill has been accepted.
C. At the time of dishonour of the bill:
- The bill is presented to the notary public when it has been dishonored or not paid by the drawee.
- This is done to officially record the dishonor of the bill.
- The notary public will attest to the fact that the bill has been dishonored.
D. At the time of "bill for collection":
- The bill is presented to the notary public when it is being sent for collection.
- This is done to provide an official record of the bill being sent for collection.
- The notary public will attest to the fact that the bill has been sent for collection.
In conclusion, the bill can be produced to a notary public at different stages depending on the purpose, such as during its creation, acceptance, dishonor, or when sent for collection. The notary public plays a crucial role in authenticating and recording these events related to the bill.
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There are specific instances when a bill needs to be produced to a notary public. The timing of when the bill should be presented to the notary public depends on the specific situation. Let's explore the different scenarios:
A. At the time of drawing the bill:
- The bill is presented to the notary public when it is initially created and drawn up.
- This is done to authenticate the creation and contents of the bill.
- The notary public will attest to the fact that the bill was properly executed.
B. At the time of acceptance of the bill:
- The bill is presented to the notary public when it has been accepted by the drawee.
- This is done to confirm the acceptance of the bill by the drawee.
- The notary public will attest to the fact that the bill has been accepted.
C. At the time of dishonour of the bill:
- The bill is presented to the notary public when it has been dishonored or not paid by the drawee.
- This is done to officially record the dishonor of the bill.
- The notary public will attest to the fact that the bill has been dishonored.
D. At the time of "bill for collection":
- The bill is presented to the notary public when it is being sent for collection.
- This is done to provide an official record of the bill being sent for collection.
- The notary public will attest to the fact that the bill has been sent for collection.
In conclusion, the bill can be produced to a notary public at different stages depending on the purpose, such as during its creation, acceptance, dishonor, or when sent for collection. The notary public plays a crucial role in authenticating and recording these events related to the bill.
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When the bill are to be produced to notary public:a)At the time of dra...
At The Time Of Dishonor Of Bill.. The Drawee Has to Pay the bill amount. But he refused. so Drawer Want to recover the total amount from Drawee. With Law Support That is Notary Public.
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When the bill are to be produced to notary public:a)At the time of drawing the billb)At the time of acceptance of the billc)At the time of dishonour of the billd)At the time of “bill for collection”Correct answer is option 'C'. Can you explain this answer?
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When the bill are to be produced to notary public:a)At the time of drawing the billb)At the time of acceptance of the billc)At the time of dishonour of the billd)At the time of “bill for collection”Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about When the bill are to be produced to notary public:a)At the time of drawing the billb)At the time of acceptance of the billc)At the time of dishonour of the billd)At the time of “bill for collection”Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When the bill are to be produced to notary public:a)At the time of drawing the billb)At the time of acceptance of the billc)At the time of dishonour of the billd)At the time of “bill for collection”Correct answer is option 'C'. Can you explain this answer?.
When the bill are to be produced to notary public:a)At the time of drawing the billb)At the time of acceptance of the billc)At the time of dishonour of the billd)At the time of “bill for collection”Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about When the bill are to be produced to notary public:a)At the time of drawing the billb)At the time of acceptance of the billc)At the time of dishonour of the billd)At the time of “bill for collection”Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When the bill are to be produced to notary public:a)At the time of drawing the billb)At the time of acceptance of the billc)At the time of dishonour of the billd)At the time of “bill for collection”Correct answer is option 'C'. Can you explain this answer?.
Solutions for When the bill are to be produced to notary public:a)At the time of drawing the billb)At the time of acceptance of the billc)At the time of dishonour of the billd)At the time of “bill for collection”Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
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