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 is drawn and accepted for a value received.ii. A person who draws a bill of exchange.iii. A person on whom a bill of exchange is drawn.iv. Payment in accordance with the apparent tenor of the bill.v. Non-payment in accordance with the apparent tenor of the bill.
Answer» i. Trade bill ii. Drawer iii. Drawee iv. Honour v. Dishonour

Give one word/phrase/term which can substitute each of the following statements:i. A bill of exchange is drawn and accepted for a value received.ii. A person who draws a bill of exchange.iii. A person on whom a bill of exchange is drawn.iv. Payment in accordance with the apparent tenor of the bill.v. Non-payment in accordance with the apparent tenor of the bill.

Answer»

i. Trade bill

ii. Drawer

iii. Drawee

iv. Honour

v. Dishonour