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Standard XI
Accountancy
Bill of Exchange(BOE)
What is Notin...
Question
What is Noting of a bill of exchange?
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Solution
When a bill gets dishonoured, despite its due presentation, it is always preferred that this fact must get noted by Notary Public. In this way it authenticates the fact of dishonour.
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Q.
What is a bill of exchange?
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______ bears the expenses of noting charges on dishonourment of a bill of exchange.
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A negotiable instrument means a promissory note, bill of exchange or cheque payable either ___________.
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Who pays the noting charges in case of dishonor of bills of exchange sent for collection for bank?
Q.
Classification of Negotiable Instruments
A promissory note, bill of exchange or cheque is payable to bearer when -.
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