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Accommodation of Bill

Acceptance wi...

Question

Acceptance with some changes as regards the terms of bill ___________________.

A

General acceptance

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B

Invalid acceptance

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C

Qualified acceptance

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D

Special acceptance

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Solution

The correct option is B Qualified acceptance
After drafting the bill it is sent for acceptance to the drawee.
If drawee accepts the bill by making some change with respect to place, amount, period . It is called conditional or qualified acceptance.

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