wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A bill of exchange drawn by X on Y bears across its face two parallel transverse lines.
Whih of the following is correct interpretation of the above statement?


A

The bill is crossed generally

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

The bill is specially crossed

No worries! We‘ve got your back. Try BYJU‘S free classes today!
C

The bill contains superfluous extraneous addition.

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D

The bill can not be endorsed further.

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C

The bill contains superfluous extraneous addition.


The bill contains superfluous extraneous addition which is of no use.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction to Bill of Exchange
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon