Write the word/phrase/term, which can substitute each of the following

1.	Write the word/phrase/term, which can substitute each of the following statements:i. Three extra days are allowed over and above the term of the bill.ii. Fees charged by Notary Public for getting the fact of dishonour noted.iii. A person who is entitled to receive the amount of bill of exchange.iv. A person in whose favour a bill endorsed.v. Officer appointed by the government for noting of dishonour of bill.
Answer» i. Grace days ii. Noting Charges iii. Payee iv. Endorsee v. Notary Public

Write the word/phrase/term, which can substitute each of the following statements:i. Three extra days are allowed over and above the term of the bill.ii. Fees charged by Notary Public for getting the fact of dishonour noted.iii. A person who is entitled to receive the amount of bill of exchange.iv. A person in whose favour a bill endorsed.v. Officer appointed by the government for noting of dishonour of bill.

Answer»

i. Grace days

ii. Noting Charges

iii. Payee

iv. Endorsee

v. Notary Public