Solved

What Is a 'Bill of Exchange

Question 4

Multiple Choice

What is a 'bill of exchange'?


A) The old name for a cheque
B) An endorsed cheque
C) A written order by the drawer to the drawee instructing them to pay money to a third party
D) A cheque with the words 'not negotiable' written on it

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions