English

Answer in one sentence. What do you mean by bill of exchange?

Advertisements
Advertisements

Question

Answer in one sentence.

What do you mean by bill of exchange?

One Line Answer
Advertisements

Solution

A Bill of Exchange is a written order signed by the drawer, directing to a certain person to pay a certain sum of money on-demand or on a certain future date to a certain person or as per his order.

shaalaa.com
  Is there an error in this question or solution?
Chapter 7: Bills of Exchange - Exercise 7.1 (Objective Questions) [Page 303]

APPEARS IN

Balbharati Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
Chapter 7 Bills of Exchange
Exercise 7.1 (Objective Questions) | Q F. 1) | Page 303
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×