All of the following are essentials of a valid acceptance of an-00686
All of the following are essentials of a valid acceptance of an instrument, EXCEPT:
This multiple choice question (MCQ) is related to the book/course vu bnk601 Banking Laws & Practices. It can also be found in vu bnk601 Final Term - Quiz No.1.
All of the following are essentials of a valid acceptance of an instrument, EXCEPT:
Must be conditional
Signed by drawee or his agent
Acceptance must appear on the bill
Accepted bill must be delivered to the holder