Question

what is Bill's dishonoured accounts ​

Answer 1

Answer:

Dishonour of bill means that the drawee of a bill of exchange is not able to make the payment for the bill on the date of maturity. In such a case, the holder of the bill can recover the amount from the drawer or any other previous endorsers.

Answer 2

Explanation:

Dishonour of bill means that the drawee of a bill of exchange is not able to make the payment for the bill on the date of maturity. In such a case, the holder of the bill can recover the amount from the drawer or any other previous endorsers.

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