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What is bill of exchange and its characteristics

June 11, 2015 By Salman Qureshi Leave a Comment

What is bill of exchange and its characteristics According to Negotiable Instrument Act a Bill of Exchange is “An instrument in writing containing an unconditional order, signed by the maker directing a certain person to pay on demand or at a fixed or determinable future time, a certain sum of money only to, or to […]

Filed Under: Principles of Banking Tagged With: bill of exchange, bill of exchange characteristic, discounting of a bill, parties in bill of exchange

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Salman Qureshi is Researcher & passionate Blogger, he loves to write on Commerce & Management Sciences subjects to assist students, Hope you guys will like his effort.




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