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Business Studies

Other Factors Affecting Capital Structure

Give word / t...

Question

Give word / term or phrase for each of the following statement.

Nonpayment in accordance with the apparent tenor of the bill.

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Solution

Dishonour

Explanation: When the acceptor of the bill refuses to pay the amount of bill on the due date or becomes insolvent, it is known as dishonour of the bill.

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Q. Give word / term or phrase for each of the following statement.

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Other Factors Affecting Capital Structure

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