Complete the sentences:i. A person who draws the bill of exchange is

1.	Complete the sentences:i. A person who draws the bill of exchange is known as ___________ii. A bill whose due date is calculated from the date of acceptance is known as __________iii. Recording the fact of dishonour of bill is known as ___________iv. When drawee accepts the bill payable at a particular place only, it is known as __________v. Fees charged by the bank for collection of bill on behalf of holder is ___________
Answer» i. Drawer ii. After sight bill iii. Noting iv. qualified acceptance as to place v. bank charges

Complete the sentences:i. A person who draws the bill of exchange is known as _____ii. A bill whose due date is calculated from the date of acceptance is known as iii. Recording the fact of dishonour of bill is known as _iv. When drawee accepts the bill payable at a particular place only, it is known as v. Fees charged by the bank for collection of bill on behalf of holder is _______

Answer»

i. Drawer

ii. After sight bill

iii. Noting

iv. qualified acceptance as to place

v. bank charges