The acceptor is allowed ___________ grace days to meet the bill in time.

one

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two

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three

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four

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Solution

The correct option is B three
As per the provisions of negotiable instruments act:
3 extra days are allowed over an above the Nominal Due date for making the arrangement for the payment of the bill . Such additional days over and above due date are called Grace Days.

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The acceptor is allowed ___________ grace days to meet the bill in time.

The correct option is B threeAs per the provisions of negotiable instruments act:3 extra days are allowed over an above the Nominal Due date for making the arrangement for the payment of the bill . Such additional days over and above due date are called Grace Days.

The correct option is B three
As per the provisions of negotiable instruments act:
3 extra days are allowed over an above the Nominal Due date for making the arrangement for the payment of the bill . Such additional days over and above due date are called Grace Days.