what is bill of exchange.explain it..
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Explanation:
a written order to a person requiring them to make a specified payment to the signatory or to a named payee; a promissory not
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Explanation:
Meaning of Bill of Exchange
Bill of exchange means a bill drawn by a person directing another person to pay the specified sum of money to another person. ... For example, X orders Y to pay ₹ 50,000 for 90 days after date and Y accepts this order by signing his name, then it will be a bill of exchange.
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