Give word / term or phrase for the following statement.Nonpayment in a

1.	Give word / term or phrase for the following statement.Nonpayment in accordance with the apparent tenor of the bill.
Answer» Dishonour Explanation: When the acceptor of the bill refuses to pay the amount of bill on the due date or becomes insolvent, it is known as dishonour of the bill.

Give word / term or phrase for the following statement.Nonpayment in accordance with the apparent tenor of the bill.

Answer»

Dishonour

Explanation: When the acceptor of the bill refuses to pay the amount of bill on the due date or becomes insolvent, it is known as dishonour of the bill.

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Give word / term or phrase for the following statement.Nonpayment in accordance with the apparent tenor of the bill.

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