The _____________of the maker is primary and absolute.
Liability
Interest
Both of these
None of these
Promissory note does not require any ___________
Noting
Protesting
Acceptance
Both a and b
________ is a person appointed by court of details of dishonored bill.
Allonge
Drawer
Notary public
___________ is the holder of instruments who endorses in favor of another person.
Endorser
Endorsee
The process of writing the details of the dishonored bill in the official register of the Notary public?
Protest
Days of grace are not allowed in ________.
Cheque
Promissory note
Bill of exchange
A bill of exchange is drawn by____________.
Debtor
Creditor
Owner
Promissory note is written by the
When noting charges are paid finally the amount will be recovered from_________.
Drawee
Holder
When the amount of the bill is paid before maturity it is called
Retiring a bill
Renewal of a bill
Dishonor of bill
Discounting of a bill