What is presentment for acceptance in business law?
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Treitel defines an offer as "an expression of willingness to contract on certain terms, made with the intention that it shall become binding as soon as it is accepted by the person to whom it is addressed", the "offeree
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Presentment for Acceptance Law andLegal Definition. Presentment for acceptance refers to presenting of a bill of exchange to the drawee named in the bill of exchange for hisacceptance and agreement to pay the bill, usually at some time in the future.
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