Which of the following is not a Bill of Exchange?
A "Share" is not a bill of exchange, whereas a "Demand Draft" and a "Post-dated Cheque" are treated as bills of exchange under the NI Act.
Choose your answer
Which of the following is not a Bill of Exchange?
Answer and explanation
Correct answer A
A "Share" is not a bill of exchange, whereas a "Demand Draft" and a "Post-dated Cheque" are treated as bills of exchange under the NI Act.
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