Advertisements
Advertisements
प्रश्न
What is retirement of a bill of exchange?
संक्षेप में उत्तर
Advertisements
उत्तर
The retirement of the bill of exchange refers to the agreement of the drawee to pay the due amount of sum before the date of maturity.
The drawer will have to likely offer and provide some amount of discount to the drawee based on the days remaining for the maturity of the bill.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
