When the drawee fails to make the payment on the date of maturity, then a bill…
2021
When the drawee fails to make the payment on the date of maturity, then a bill is said to have been _____.
Answer: B. Dishonoured — Correct answer: Dishonoured
- A.
Discounted
- B.
Dishonoured
- C.
Defected
- D.
Cleared
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Correct answer: B
Correct answer: Dishonoured
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