What is the difference between a bill of exchange and a cheque?
A) A cheque is a bill of exchange in which the drawee is a financial institution.
B) A bill of exchange is a form of cheque in which the drawee is a financial institution.
C) A bill of exchange is negotiable whereas a cheque is not.
D) A cheque is negotiable whereas a bill of exchange is not.
Correct Answer:
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A)An arrangement in which
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