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Generally, acceptance of a bill of exchange can be made only by:

Under s.33 NI Act, no person except the drawee of a bill of exchange can generally bind himself by acceptance, so acceptance is ordinarily made by the drawee, not the payee,…

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Generally, acceptance of a bill of exchange can be made only by:

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Under s.33 NI Act, no person except the drawee of a bill of exchange can generally bind himself by acceptance, so acceptance is ordinarily made by the drawee, not the payee, holder or indorser.

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