Bills of exchange
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 August 2013
hi
this is regarding cpt-bills of exchange
Q)A bill drawn on 23.11.2005 as payable 2 months after date was accepted on 24.11.2005.The date of maturity of the bill will be
correct-------> 25.1.2006
26.1.2006
27.1.2006
None of these
is it correct?if so how?
this is regarding cpt-bills of exchange
Q)A bill drawn on 23.11.2005 as payable 2 months after date was accepted on 24.11.2005.The date of maturity of the bill will be
correct-------> 25.1.2006
26.1.2006
27.1.2006
None of these
is it correct?if so how?
11 August 2013
If the bill is after sight then due date is 27.01.2006 if its not after sight due date will be 26.01.2006.
Apart from 2 month 3 grace days will be added.
Apart from 2 month 3 grace days will be added.
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