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Question
Payment in accordance with the apparent tenor of bill is called as __________. Commerce.
Payment in accordance with the apparent tenor of bill is called as __________. Commerce.
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Solution
Honour of bill
When the acceptor of the bill pays the amount specified in the bill on the due date, it is known as honouring the bill
Therefore, the correct option is (C)
Honour of bill
When the acceptor of the bill pays the amount specified in the bill on the due date, it is known as honouring the bill
Therefore, the correct option is (C)
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