Accountancy, asked by ashvithshetty790, 6 months ago

what is called a bill of exchange before it is accepted by the drawee​

Answers

Answered by TheArmy108
5

Answer:

A bill of exchange is a written order used primarily in international trade that binds one party to pay a fixed sum of money to another party on demand or at a predetermined date. Bills of exchange are similar to checks and promissory notes—they can be drawn by individuals or banks and are generally transferable by endorsements.

Explanation:

hope it helps you

please mark me as brainliest

Similar questions