unit-5-bills-of-exchange

Unit-5 Bills Of Exchange

In this unit we shall first discuss the nature of various instruments of credit including bills of exchange and promissory notes.

What is an accommodation bill?




< Back To All Answers

Answer

{{currentAnswer.user.userName}}

Written on {{ansDate()}}

{{trustHtmlContent(currentAnswer.answerContent)}}

Learning Pundits Content Team

Written on Apr 16, 2019 2:42:57 PM

Bills drawn to accommodate or help a fellow businessman are called accommodation bill.