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Under the Negotiable Instruments Act, 1881, the acceptor of a bill of exchange before maturity must:

Section 32 ordinarily binds the acceptor before maturity to pay at maturity according to "the apparent tenor" of his acceptance. Where acceptance is qualified, those terms…

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Under the Negotiable Instruments Act, 1881, the acceptor of a bill of exchange before maturity must:

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Correct answer D

Section 32 ordinarily binds the acceptor before maturity to pay at maturity according to "the apparent tenor" of his acceptance. Where acceptance is qualified, those terms govern rather than inconsistent terms of the bill as drawn; prior parties' discharge on qualified acceptance is separately governed by section 86.

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