bills of axchage projectpresentation
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a Bill of Exchange is an instrument used for settlement of debts. It is drawn (prepared) by the creditor (i.e the person who is entitled to receive the money) on a debtor (i.e the person who is liable to pay the money).
It is a written order to pay a certain sum of money to a certain person. Also, it is a legal document which confirms a debt.
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