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State the similarities between a cheque and bill of exchange?
Both of them are forms of payment. Both promise the receiver that they will receive money. There are three parties in both, the payee, the drawer, and the drawee.
What is breaking a promise?
Breaking a promise is when you tell someone you are going to do something, and you PROMISE you will do it. Breaking a promise is not "fulfilling" it, or "doing" it.
What is the duration of The Promise of Love?
The duration of The Promise of Love is 1.6 hours.
How much money did the us promise to give the Cherokee and did they break their promise by not giving them their money?
no
What is the duration of Tora-san's Promise?
The duration of Tora-san's Promise is 1.68 hours.
What is meant by a pledge?
A pledge is a promise or a agreement to do something. It also can be a payment of debt.
A bill of exchange must contain an unconditional promise to pay Do you agree with this statement Justify your answer?
an express condition to payment, (ii) that the promise or order is subject to or governed by another record, or (iii) that rights or obligations with respect to the promise or order are stated in another record. A reference to another record does not of itself make the promise or order conditional. ii) because payment is limited to resort to a particular fund or source.
What do you call an arrangement of receiving money or goods or services now in exchange for the promise of payment later?
credit
What do you call an arrangement of receiving money goods or services now in exchange for the promise of payment later?
credit
What is the difference between a surety bond and a savings bond?
Surety bond is a promise that you are taking for an another person who cannot pay their debit and in problem, Saving bond is promise of your payment for your benefit.
What is feature of letter of credit?
Answer this question...it is a contractual promise issued by a bank. it is use as a means for payment in international trade
What is the difference between cash sale and credir sale?
A cash sale is instant - a credit sale is a 'promise' of payment to come.
What are some rewards that Sears credit cards offer?
A credit card is a payment card issued to users as a system of payment. It allows the cardholder to pay for goods and services based on the holder's promise to pay for them.
What are the 14p's of marketing?
-product -price -place -promotion -public -personalization -Packeging -protection -presentation -payment -purse -poch -promise -principle
When you keep the promise to bring the car loan to current and pay to do so can the lender still reposess the car?
It can happen. If the order for repossession is already out when the payment is made, it may take a couple days for that payment to be processed, and that order for repossession will not be called off until the payment is fully processed.
When bill may be treated as promissory note?
Don't understand the question. A bill (or invoice) is NOT a promissory instrument (a promise to pay), instead - it is a demand for payment.
How does processing of credit cards work?
A credit card is a payment card. It allows the cardholder to pay for goods and services based on the holders promise to pay for them. The cardholder submits their card for payment, the card is accepted digitally for payment and the transaction is completed. The customer leaves with goods or services and then the credit card issuer will process the payment and forward a statement usually once a month to the cardholder.
