Presentment means placing before the drawee a negotiable instrument for sight, acceptance or payment. ( )
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Document issued and marked as “Duplicate’’ will be regarded an original document. ( )
A bill of exchange contains ____
An unconditional order
B. A promise
C. A request
D. Endorsee
The acceptor of bill of exchange is called ____
A. Drawee
B. Drawer
C. Payee
D. Endorsee
The act of transferring the bill from one person to another is called ____
A. Discounting
B. Acceptance
C. Endorsement
D. Retirement