passwella.
Menu

WAEC Commerce 2000 Question 23

Question 23

Banking

A bill of exchange on maturity is allowed

  1. A.seven days of grace
  2. B.five days of grace
  3. C.four days of grace
  4. D.three days of grace
Show the answer and explanation

Answer: D (three days of grace)

Explanation

A bill of exchange is given three days of grace after its due date.