CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

When the trade bill is accepted by commercial banks, it is known as a commercial bill. State true or false.


  1. True

  2. False


Solution

The correct option is A

True


True. When the trade bill is accepted by commercial banks, it is known as a commercial bill. The bank can charge a commission from this.

flag
 Suggest corrections
thumbs-up
 
0 Upvotes


Similar questions
View More


People also searched for
View More



footer-image