On the death of a maker or acceptor of a bill of exchange,her or his liability passes to her or his personal representatives.

Name: On the death of a maker or acceptor of a bill of exchange,her or his liability passes to her or his personal representatives.
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Question

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This statement is true. When a maker or acceptor of a bill of exchange dies, their liability passes on to their personal representatives, who are responsible for paying off the debt or fulfilling the obligation outlined in the bill.

On the Death of a Maker or Acceptor of a Bill