Q.

When the day on which a promissory note or bill of exchange is at maturity is a public holiday, the instrument shall be deemed to be due on the

A. Preceding day
B. Next preceding business day
C. Same day of next week
D. 3rd day following the day holiday
Answer» B. Next preceding business day
2.7k
0
Do you find this helpful?
16

View all MCQs in

Laws and Ethics

Discussion

No comments yet