Q286
Dishonour by non-acceptance takes place
A.
When the bill is properly presented for acceptance, except where presentment is excused, but the drawee makes the default in accepting it
AnswerB.
When the bill is properly presented for acceptance, except where presentment is excused, but the drawee makes the default in paying it
C.
When the bill is properly presented for payment, except where presentment is excused, but the drawee fails to accept it
D.
None of the above
Answer: Option A
Solution
Answer: Option A
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