Get Started
435

Q:

What will happen if a bank fails to honour a bank draft?

  • 1
    The amount of the draft will be forfeited
  • 2
    The beneficiary of the draft will have to pay
  • 3
    The drawer of the draft will have to pay
  • 4
    The drawer of the draft will have to pay
  • 5
    None of the above
  • Show Answer
  • Workspace

Answer : 4. "The drawer of the draft will have to pay"

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today