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प्रश्न
Write two points of distinction between bills of exchange and promissory note
फरक स्पष्ट करा
उत्तर
| Basis of Difference | Bills of Exchange | Promissory Note |
| Drawer | It is drawn by a creditor. | It is drawn by a debtor. |
| Parties | There are three parties involved, namely drawer, drawee and payee. | There are two parties involved, namely maker and payee. |
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Meaning of Bill of Exchange
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