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Situations in which the bill may be dishonored

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Situations in which the bill may be dishonored Empty Situations in which the bill may be dishonored

Post by Prashant303285 Thu Jul 12, 2012 6:32 am

1)It the drawee rejects to pay the bill.
2)If the bill is renewed, the old one will be dishonored.
3)It the payment of bill is not made on its maturity.
4)If the drawee become an insolvent.

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