A bill of exchange is an?

Correct! Wrong!

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

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!

Which of the following is not true?

Correct! Wrong!

In case if endorsement of bill the endorser debits?

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!

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

Correct! Wrong!

When a drawer discounts the bill, he gets?

Correct! Wrong!

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

Correct! Wrong!