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Accommodation bill is drawn
To finance actual purchase or sale of goods
To facilitate trade transmission
To cater the fund requirements of both the parties
None of the above
Accommodation bill is drawn to cater the fund requirements of both the parties. A bill, draft, or note made, drawn, accepted, or endorsed by one person for another without consideration to enable that other to raise money or obtain credit thereby.
By: honey kaundal ProfileResourcesReport error
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