Maharashtra State BoardHSC Commerce 12th Board Exam
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Choose the correct alternative. The date on which the period of the bill expires is called - Mathematics and Statistics

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MCQ

Choose the correct alternative.

The date on which the period of the bill expires is called

Options

  • Legal Due Date

  • Grace Date

  • Nominal Due Date

  • Date of Drawing

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Solution

The date on which the period of the bill expires is called Nominal Due Date.

Concept: Commission and Brokerage Agent
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APPEARS IN

Balbharati Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board
Chapter 1 Commission, Brokerage and Discount
Miscellaneous Exercise 1 | Q 1.03 | Page 11
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