Multiple Choice Questions on Retiring a bill under rebate means ........ for Commerce ( 11 and 12th) Preparation

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Multiple Choice Questions

Retiring a bill under rebate means ........

Accountancy (11th) Chapter-8 Bills of exchange
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    Retiring a bill under rebate means:

    Making payment for the bill before the due date

    Correct Answer

    Making payment for the bill after the due date

    Incorrect Answer

    Dishonoring of a bill

    Incorrect Answer

    All of the above

    Incorrect Answer
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    Explanation:

    Making payment for the bill before the due date

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