BILL OF EXCHANGE

WHO USES THE BILL OF EXCHANGE?

• the cashier

• the drawee , the payee and the drawer

• the retailer

WHAT INCLUDES A BILL OF EXCHANGE?

• title

• amount

• signature

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

• the drawee

• the payee

• the drawer

WHERE ARE BILLS OF EXCHANGE USED ?

• associations

• tourism

• international trade

HOW MANY PARTS DOES A BILL OF EXCHANGE?

• 3

• 4

• 2

WHO IS THE MAKER THE BILL OF EXCHANGE?

• the creditor

• the beneficiary

• the debtor

ON WHOM THE TRADE BILL DRAWN?

• seller

• creditor

• debtor

• owner

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

• drawer

• drawee

• bank

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

• after 2 days

• proceding day

• the same day