Question No. 28
• When drawer and drawee, both the parties belongs from same country, then this instrument
is called as
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Explanation:
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Inland Bill.
Explanation:
- When drawer and drawee, both the parties belong from the same country, then this instrument is called an inland bill.
- The drawee is the person or party who pays the sum and a drawer is a person or party who ensures that the drawee makes the payment in an orderly manner.
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