A sold goods to B at a price of Rs. 12,000/- Towards payment, B gave a post dated cheque for Rs. 12,000/- Here_________ (a) A is bound by the payment (b) A is not bound to accept the cheque (c) A is bound to accept the cheque at the request of B (d) None of these
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A sold goods to B at a price of Rs. 12,000/- Towards payment, B gave a post dated cheque for Rs. 12,000/- Here_________
» A is bound to accept the cheque at the request of B
because he neither faces loss nor profit.
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Answer:
The answer is C) A is bound to accept the cheque at the request of B
Explanation:
The goods sold At Rs12000 and payment is made by A to B by post dated cheque
So it will be no profit no loss for B
because it will be encashed later on
#SPJ3
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