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Question

When the bill is to be produced to notary public at the time of ___________.

A
Drawing the bill
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B
Acceptance of the bill
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C
Dishonour of the bill
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D
Bills for collection
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Solution

The correct option is C Dishonour of the bill
If there is dishonour, or fear of dishonour, the bill will be given to a public official known as “Notary Public”. The amount of noting charges is recoverable from the party which is responsible for dishonour.

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