The Bills of Exchange Act governs the following kinds of instruments.
A) bills of exchange; promissory notes and cheques
B) bills of exchange and negotiable instruments
C) bills of exchange; negotiable instruments and cheques
D) drafts only
E) bills of exchange only
Correct Answer:
Verified
Q2: Liability of the drawee on a bill
Q3: Sight drafts can be used as
A) collection
Q4: On April 5, Tim gave Winnie a
Q5: A time draft is
A) a bill of
Q6: A demand draft is
A) a bill of
Q7: Which of the following is not a
Q8: There are three types of bills of
Q9: A sight draft is
A) a bill of
Q10: The two classes of negotiable instruments are
A)
Q11: Liability of the drawer, acceptor, or maker
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