Liability of the drawer, acceptor, or maker on a bill of exchange is dependent on
A) the negotiation of the bill.
B) the delivery of the bill.
C) the signing of the bill.
D) the presentment of the bill.
E) the signing and delivery of the bill.
Correct Answer:
Verified
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)
Q12: A payee is
A) the party who is
Q13: The difference between a cheque and draft
Q14: Which of the following defences is available
Q15: A drawer is
A) the party who is
Q16: Delivery of a negotiable instrument in payment
A)
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