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

Commerce
JAMB 2017
A bill of exchange already accepted can be discounted by the holder in ______?
  • A. the central bank
  • B. at least two banks
  • C. his bank
  • D. any bank
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Correct Answer: Option D
Explanation
Is an unconditional written order from one person to another to pay a specified sum of money to a designated person.
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