Advertisement Remove all ads

Write True Or False Noting Charges Are Payable to the Notary Public on Honour of a Bill. - Book Keeping and Accountancy

MCQ
True or False

Write True or False
Noting charges are payable to the Notary public on honour of a bill.

Options

  • True

  • False

Advertisement Remove all ads

Solution

False
Explanation:
 Noting charges are paid to the Notary Public, who makes a note of the fact that the acceptor has refused to make the payment on the bill of exchange, i.e. the bill has been dishonoured.

Concept: Basic Term of Bills of Exchange - Noting Charges
  Is there an error in this question or solution?
Advertisement Remove all ads
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×