If due date of bill falls on sudden public holiday, the due date will be the _____________.
A
preceding business day
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B
next business day
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C
next Monday
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D
next day
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Solution
The correct option is A next business day The date on which a bill of exchange like cheque, draft, letter of credit is payable is called a due date of bill. if in any circumstance the due date falls on sudden public holiday, the due date will be on the next business day.