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Standard XII
Economics
New Forms of Money
A bill of exc...
Question
A bill of exchange is drawn by a ________.
A
Creditor
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B
Debtor
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C
Shareholder
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D
Debentureholder
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Solution
The correct option is
A
Creditor
Creditors are the suppliers of goods or services. Bill of exchange drawn by creditors is accepted by the business.
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