Question

what is the meaning of bills of exchange​

Answer 1

Explanation:

a written order to pay a sum of money to a particular person on a particular date

• व्‍यक्ति को निर्धारित तिथि पर निश्‍चित राशि देने विषयक लिखित आदेश; विनिमय-पत्र, हुंडी

Answer 2

Explanation:

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Normally, the drawer and the payee is the same person. Similarly, the drawee and the acceptor is normally the person. For example, Mamta sold goods worth Rs. 10,000 to Jyoti and drew a bill of exchange upon her for the same amount payable after three months.

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