A bill of exchange already accepted can be discounted by the holder in ______?

By: |Published on: Dec 11|Categories: Commerce JAMB| 0 comments

A. the central bank
B. at least two banks
C. his bank
D. any bank

Correct Answer:

Option D – any bank

Explanation

Is an unconditional written order from one person to another to pay a specified sum of money to a designated person.

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