Question
A bill is payable three months after date. It is accepted for the accommodation of the drawer. After maturity, the drawer indorses it to B
A bill is payable three months after date. It is accepted for the accommodation of the drawer. After maturity, the drawer indorses it to "B" for value. Explain if "B" can recover the money from the acceptor. (5 marks)
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Canadian Income Taxation Planning And Decision Making
Authors: Joan Kitunen, William Buckwold
17th Edition 2014-2015 Version
1259094332, 978-1259094330
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