Question

explain the Introduction of a Bill of exchange
​

Answer 1

Answer:

Introduction to the Bill of Exchange. ... In addition, a draft is commonly used in the U.S. while a bill of exchange is primarily used outside the U.S. A negotiable instrument is a signed writing, containing an unconditional promise or order to pay a fixed sum of money, to order or bearer, on demand at a definite time.

Answer 2

$\huge\red{\boxed{\bold{Answer}}}$

$\huge\underline\mathfrak\green{Bill\:of\: exchange}:$

Bills of exchange are negotiable instruments which contain an order to pay a certain amount to a particular person within a stipulated period of time.

Bill of exchange is issued by the creditor to the debtor when the debtor owes money for goods or services.

If the debtor doesn't accept it, it doesn't have any value.

$\huge\mathbb\blue{THANK\:YUH!}$