Advantages of Bill of Exchange

Q.

What Are the Advantages of Bill of Exchange?

Q.

What are the advantage and disadvantages of the bill of exchange?

Q.

How bill of exchange is a convenient means of credit?

1. BOE enables the buyer of the good to buy goods on credit and pay after a certain period.

2. BOE allows the seller to dicount the BOE from bank and get money instantly.

3. BOE is based on trust between the buyer and seller and everyone uses it.

4. Both A & B

Q.

Following are the advantages of bill of exchange?

1. Convenient means of credit.

2. Certainity of terms and conditions

3. Easy Transferebility.

4. All the above

Q. is an advantage of bills of exchange.

1. Easy transferability
2. Uncertainity
3. Non-transferability
4. Ambiguity