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what is the distinction between Bill of Exchange and a
Cheque
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Answer Posted / sricharan babu m
Bill of exchange can not payable on demand. Cheque can be
payable on Demand.
bill of exchange can be discount at banks or any other
parties, but cheque can not.
in case of bill of exchange acceptance is must, but in case
of cheque no need of acceptance
| Is This Answer Correct ? | 17 Yes | 1 No |
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