Start learning →

In a bill, the expressions 'at sight' and 'on presentment' mean:

AOn demand only
BAfter three days
CAfter a protest
DAfter acceptance
Answer & Solution
Correct answer: A. On demand only
Both phrases are treated as equivalent to payable on demand.
Practise this question with Quill — CA Foundation →

Keep practising Bills of Exchange and Promissory Notes

Browse all Bills of Exchange and Promissory Notes questions for CA Foundation, or explore more Accounting topics.

Start a Bills of Exchange and Promissory Notes lesson →
Related questions