Consider the following statements and identify the right ones.
1 Commercial bills are not tradable in market
2 It is raised by the payer and accepted for payment by the payee on some future date
I only
ii only
both
none
Explanation:
Commercial bills are raised by the payee and accepted for payment by the payer on some future date. They are tradable in market.
Commercial bills are raised by the payee and accepted for payment by the payer on some future date. They are tradable in market.