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Commerce · Q886

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 886

Q886

If the holder of a bill of exchange allows the drawee more than following hours, exclusive of public holidays, to consider whether he will accept the same, all previous parties not consenting to such allowance are thereby discharged from liability to such holder.

A.
24
B.
12
C.
36
D.
48
Answer

Answer: Option D

Solution

Answer: Option D
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