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  • Directions: State whether the following statement is True...
Multiple choice

Directions: State whether the following statement is True Or False.A bill of exchange may be accepted by an individual or a banker.

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A bill of exchange can be accepted by an individual (trade bill) or by a banker (banker's acceptance), making it a versatile financial instrument.

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