This is drawee? acknowledgement of the LIABILITY on a BILL OF EXCHANGE, in writing on the instrument itself. A bill may also bear the co-acceptance by a bank, which is a guarantee to honour the instrument in the event of default by the drawee.
Notify me of follow-up comments by email.
Notify me of new posts by email.
Δ
Enter your email address:
Email Address
Subscribe
Subscribe now to keep reading and get access to the full archive.
Type your email…
Continue reading
Leave a Comment