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The date on which the period of the bill expires is called ______. - Mathematics and Statistics

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Question

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

Options

  • Legal Due Date

  • Days of grace

  • The Nominal Due date

  • Date of Drawing

  • grace date

MCQ
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Solution

The date on which the period of the bill expires is called the nominal due date.

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Chapter 2.1: Commission, Brokerage and Discount - Q.1
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