BILL OF EXCHANGE

BILL OF EXCHANGE

11th Grade

9 Qs

quiz-placeholder

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BILL OF EXCHANGE

BILL OF EXCHANGE

Assessment

Quiz

Business

11th Grade

Practice Problem

Medium

Created by

AnaMaria Dima

Used 23+ times

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9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

WHO USES THE BILL OF EXCHANGE?

the cashier

the drawee , the payee and the drawer

the retailer

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

WHAT INCLUDES A BILL OF EXCHANGE?

title

amount

signature

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

BY WHOM MUST THE BILL OF EXCHANGE BE ACCEPTED IN ORDER TO BE VALIDATED?

the drawee

the payee

the drawer

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

WHERE ARE BILLS OF EXCHANGE USED ?

associations

tourism

international trade

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

HOW MANY PARTS DOES A BILL OF EXCHANGE?

3

4

2

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

WHO IS THE MAKER THE BILL OF EXCHANGE?

the creditor

the beneficiary

the debtor

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

ON WHOM THE TRADE BILL DRAWN?

seller

creditor

debtor

owner

8.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

THE PARTY WHO IS ENTITLED TO RECEIVE THE CASH OF A BILL RECEIVABLE IS CALLED?

drawer

drawee

bank

9.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

IF THE DUE DATE IS PUBLIC HOLIDAY WHAT WILL BE THE DUE DATE OF THE BILL?

after 2 days

proceding day

the same day