Question

What are the three additional days known as that a drawer gives to the

drawee for payment

A) Conditional days

B) Additional days

C) Days of grace

D) Days of rebate

spamming = account delete ​

Answer 1

(c) Days of grace

Hope it helps you...

Answer 2

Answer:

C) Days of Grace

Explanation:

"Days of Grace" is the three days short period of time which is given to the insurance customer/drawee/borrower for bill payment after the due date of the bill of exchange. When the requirement of bill payment is on-demand, then these days of grace are not allowed. However, these are allowed for ascertaining the date of maturity (The date on which the bill becomes due for payment).

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