A bill of exchange already accepted can be discounted by the holder in
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Correct Answer: Option B
Explanation:
An accepted bill of exchange can be discounted by the holder with his bank before its maturity date. The bank pays the holder the value of the bill less a discount and later collects the full amount from the person responsible for payment.
An accepted bill of exchange can be discounted by the holder with his bank before its maturity date. The bank pays the holder the value of the bill less a discount and later collects the full amount from the person responsible for payment.