Accountancy, asked by ananthavelmurugan3, 1 month ago

What is Bill of Exchange and explain its special features

5 mark question?​

Answers

Answered by ss0228896
0

Answer:

A bill of exchange an instrument in writing. It is drawn and signed by the maker i.e. drawer of the bill. It is drawn on a specific person i.e. drawee, to pay the specified amount. Contains an unconditional order to a person i.e. drawee.

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