English, asked by mohitsuthar9193, 1 month ago

Differentiate between Time bill and Demand bill.

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Answered by ItzAaron7

1

Answer:

A bill which is articulated to be payable on demand is called demand bill. The bills which is drawn payable at sight or on presentation or in which no time is specified for payment are reckoned as demand bills. ... The Usance bill is one which is expressed to be payable at a specified future date are called Usance Bills.

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