Which of the following is NOT an advantage of a bill of exchange?
A) In the event of a dishonour, the holder has rights against the prior parties to the bill.
B) A single bill can be used to settle two or more debts.
C) The holder of the bill can only demand payment if they are named on the bill.
D) The creditor can sue on the bill itself without referring back to the original contract which created the debt.
Correct Answer:
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