Accountancy, asked by zsyed041, 1 year ago

defined a bill of exchange what are the advantages and features of a bill of exchange

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Answered by rmb3029
9
Features of Bills of Exchange. It is an instrument in writing. It contains an unconditional order to pay. It means that no conditions can be attached for making the payment. It mainly involves three parties: Drawer, Drawee and Payee.

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