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Maharashtra State BoardHSC Commerce (English Medium) 12th Standard Board Exam
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Syllabus

Do you agree or disagree with the following statement:- A bill before acceptance is called Promissory Note. - Book Keeping and Accountancy

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Question

Do you agree or disagree with the following statement:-

A bill before acceptance is called Promissory Note.

Options

  • Agree

  • Disagree

MCQ
True or False

Solution

A bill before acceptance is called Promissory Note. - Disagree

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Parties to a Promissory Note
  Is there an error in this question or solution?
Q G. 9)
Chapter 7: Bills of Exchange - Exercise 7.1 (Objective Questions) [Page 303]

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Balbharati Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 7 Bills of Exchange
Exercise 7.1 (Objective Questions) | Q G. 9) | Page 303

RELATED QUESTIONS

When the due date of bill drawn falls due on a public holiday, the payment must be made on the ___________ day.


State True or False with reason:-

Noting charges are to be borne by the drawer


State True or False with reason:-

There are three parties to a promissory note.


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