When an acceptor refuses to pay the amount of bill to the holder of bill on its maturity is called?

Correct! Wrong!

A person who writes out the order to pay is called?

Correct! Wrong!

In case of term bill extra three days are given to acceptor are called?

Correct! Wrong!

In case if endorsement of bill the endorser debits?

Correct! Wrong!

If the drawer is in need of money and cannot wait till due date and receive the money form bank is called?

Correct! Wrong!

It is a period of time after which a bill becomes payable?

Correct! Wrong!

How many parties are involved in case of discounting of bill?

Correct! Wrong!

A bill of exchange is an?

Correct! Wrong!

When a drawer discounts the bill, he gets?

Correct! Wrong!

Which of the following is not true?

Correct! Wrong!