Which of the following is NOT one of the essential elements of a bill of exchange?

Question

Quizplus · Accepted Answer

The essential elements of a bill of exchange are that it must be payable to a specified person or bearer, it must be payable on demand or at a fixed or determinable time, it must be addressed by one person to another, and it must require the payment of money. The option A is not correct as it states that the bill of exchange must require an act to be done in addition to the payment of money, which is not an essential element.

Which of the Following Is NOT One of the Essential