subsidarry books - I — Accountancy STD 11 — Question
Tamilnadu BoardEnglish MediumSTD 11Accountancysubsidarry books - I2 Marks
Question
Define bill of exchange.
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Answer
According to the Negotiable Instruments Act, 1881, “Bill of exchange is an instrument in writing containing an unconditional order, signed by the maker, directing a certain person to pay a certain sum of money only to, or to the order of a certain person or to the bearer of the instrument”.
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