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Byju's Answer
Standard XI
Accountancy
Advantages of Bill of Exchange
is an advanta...
Question
is an advantage of bills of exchange.
A
Easy transferability
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B
Uncertainity
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C
Non-transferability
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D
Ambiguity
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Solution
The correct option is
A
Easy transferability
Some of the advantages of bills of exchange are:
It is easily transferable.
It enables the credit transaction between a seller and a buyer without difficulty as it is an unconditional order to pay.
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