Question

Prepare an imaginary specimen of a bill of

exchange, and state the purpose of noting thereon​

Answer 1

Question:

Prepare an imaginary specimen of a bill of exchange, and state the purpose of noting thereon.

Answer:

According to the Indian Negotiable Instruments Act of '5,"A' under section '1881,' Bill of Exchange is an instrument in writing containing an unconditional order, signed by the maker, directing a certain person to pay a certain sum of money only to, or to the order of, a certain person or to the bearer of the instrument."

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Answer 2

Answer:

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