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A bill of exchange is renewed generally at the request of
A bill of exchange is renewed generally at the request of
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Solution
The correct option is B drawee
Because of the inability of the drawee to pay the amount of the bill, he request the drawer to substitute the old bill with a new one. This is called the renewal of the bill.
Because of the inability of the drawee to pay the amount of the bill, he request the drawer to substitute the old bill with a new one. This is called the renewal of the bill.
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