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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
What is the term of a bill?
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Answer

The term of bill a means the date on which the amount is payable by the drawee (acceptor)of the bill is known as term of bill.

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