Question

State True or False with reason:-

Inland bill is one which is drawn in one country and payable in another country.

पर्याय

• True

• False

Answer 1

This statement is False.

Inland bill means, a bill drawn, accepted, and made payable within the territory of one and the same, country. So, a bill is drawn in one country and payable in another country can’t be a inland bill.