A bill of exchange already accepted can be discounted by the holder in

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Commerce JAMB 2023

A bill of exchange already accepted can be discounted by the holder in

  • the central bank
  • his bank
  • at least two banks
  • any bank checkmark

The correct answer is: D

Explanation

A bill of exchange is addressed by one person to another and it must be an order to pay. Also, the order must be uncondtional.

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