Related InterviewSolutions

• Who draws a Bill of Exchange?
• Under what conditions an Accommodation Bill is written and how is it different from a Trade Bill?
• In ……… type of crossing of cheque the name of the bank is mentional between two parallel lines:(a) General(b) Special(c) Restrictive(d) None of these
• How is a cheque crossed? Point out its two advantages.
• What is Accommodation Bill?
• What do you understand by a Hundi and Promissory Note? Give the specimen of a promissory note.ORDefine Hundi.ORWhat do you mean by promissory note?ORDefine the promissory note.
• Define Hundi.
• Differentiate between Bill of Exchange and Promissory Note.
• What do you understand by Bill of Exchange? Differentiate between Cheque and Bill of Exchange and also draft their specimen.
• When is Bill of Exchange is dishonoured?