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What is a Bill of Exchange? Why is it used?
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Answer Posted / srikanth
Bill of exchange is an unconditonal order signed by the
maker to pay cetain sum of money only to the ordered or
bearer person.
it is a chance given by the saler to the purchaser to pay
money in the future date.it also helps the saler to get
discount by the bank and easy money.
| Is This Answer Correct ? | 29 Yes | 9 No |
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