Give one word/phrase/term which can substitute each of the following s

1.	Give one word/phrase/term which can substitute each of the following statements:i. A bill of exchange that does not contain the period for its payment.ii. The date on which period of the bill gets expired.iii. The date on which the payment of the bill is to be made.iv. Drawee’s signature on the face of the bill to show his consent to pay the amount of the bill.v. A bill of exchange before its acceptance.
Answer» i. Demand bill/Bill at sight ii. Nominal due date iii. Due date or Date of maturity iv. Acceptance of a bill of exchange v. Draft

Give one word/phrase/term which can substitute each of the following statements:i. A bill of exchange that does not contain the period for its payment.ii. The date on which period of the bill gets expired.iii. The date on which the payment of the bill is to be made.iv. Drawee’s signature on the face of the bill to show his consent to pay the amount of the bill.v. A bill of exchange before its acceptance.

Answer»

i. Demand bill/Bill at sight

ii. Nominal due date

iii. Due date or Date of maturity

iv. Acceptance of a bill of exchange

v. Draft