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Standard XI
Accountancy
Features of Bill of Exchange
Name the auxi...
Question
Name the auxiliary to trade that removes hindrance of exchange.
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Solution
Dear student, Bank as a part of commerce removes hindrance of exchange. Regards
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Q.
Name the service which is related to the following cases:
(i) The service which helps in removing hindrance of knowledge
(ii) The service which helps in removing hindrance of exchange
(iii) The service which helps in removing hindrance of place
(iv) The service which helps in removing hindrance of time
(v) The service which helps in removing hindrance of risk.
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_______ removes the hindrance of finance and facilitate the exchange.
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Among the aids to trade, ________ removes the hindrance of risk.
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The auxiliaries to trade help to remove the various bottlenecks such as place, time, person, risk & exchange. Explain how.
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Which business activity removes all the hindrances in the process of exchange.
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