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Question

In accommodation bill the drawee is called the ___and the drawer is called the___.


A

Endorsee, Endorser

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B

‘Accommodating party’, ‘Accommodation party’

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C
‘Accommodation party’, ‘Accommodating party’
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D
None of the above
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Solution

The correct option is B

‘Accommodating party’, ‘Accommodation party’


In accommodation bill the drawee is called the accomodating party and the drawer is called the accomodation party.

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