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P2 C4 Bills of Exchange — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C4 Bills of Exchange1 Mark
Question
Define a bill.
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Answer

"A bill of exchange is an instrument in writing containing an unconditional order, signedby the drawer, directing a certain person to pay a certain sum of money only at aspecified time to a certain person or according to his order or to the holder of theinstrument."

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