Accountancy, asked by PragyaTbia, 1 year ago

What is bill of exchange? (Answer in one sentence)

Answers

Answered by ZumraIrfan
0
it is a negotiable instrument which help to deal with foreign party
Answered by Anonymous
0
Answer :-

=) A bill of exchange attracted one state or nation , upon a foreign state or nation .

A bill of exchange attracted one nation upon another nation not represented by the equivalent homogeneous laws , or not administered all through by the equivalent civil laws. A bill of exchange attracted one of the United States upon an individual living in another state is a foreign bill .

Bills of exchange drawn on a foreign drawee and payable in a foreign nation . They are the main methods by which settlements are made in worldwide exchange .
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