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प्रश्न
State True or False with reason:-
Retirement of bill means payment of the bill before due date.
विकल्प
True
False
उत्तर
This statement is True.
Payment of the bill, by the acceptor of the bill to the holder of the bill before the due date, is known as Retirement of the bill. So retirement of the bill means payment of the bill before the due date.
APPEARS IN
संबंधित प्रश्न
The person on whom a bill is drawn is called a ______.
Nothing charges are borne by ____________.
There are ___________ parties to bill of exchange.
The person who accepts the bill treats the bill as ________.
Give one word/phrase/term which can substitute the following statement:-
Three extra days which are allowed over and above the term of bill.
Give one word/phrase/term which can substitute the following statement:-
A person in whose favour a bill endorsed.
State True or False with reason:-
Drawee can transfer the ownership of the bill.
Find the odd one:-
Find the odd one:-
Answer in one sentence.
Who is payee of the bill?
Do you agree or disagree with the following statement:-
The party which is ordered to pay the amount is known as the payee.
Do you agree or disagree with the following statement:-
Rebate or discount given on retiring a bill is an income to the Drawee.
Do you agree or disagree with the following statement:-
A bill from the point of view of debtor is called Bills payable.
Do you agree or disagree with the following statement:-
A bill is required to be accepted by Drawer.
Do you agree or disagree with the following statement:-
Renewal is request by Drawee to extend the credit period of the bill.
Find the odd one:
