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Question
A bill of exchange must contain an unconditional order to pay ______ only.
A bill of exchange must contain an unconditional order to pay ______ only.
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Solution
The correct option is A Money
Bill of exchange is an order by the drawer to the drawee. It cannot be a promise or a request. The drawer gives an order to the drawee to sign the document to certain money to the drawer as an unconditional order. No condition can be attached with payment of the bill and It should only be an order to pay money.
Bill of exchange is an order by the drawer to the drawee. It cannot be a promise or a request. The drawer gives an order to the drawee to sign the document to certain money to the drawer as an unconditional order. No condition can be attached with payment of the bill and It should only be an order to pay money.
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