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When the drawee fails to make the payment on the date of maturity, then a bill is said to have been ______.

358646Medium DSSSB TGT Computer Science 0 replies 0 views
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When the drawee fails to make the payment on the date of maturity, then a bill is said to have been ______.
  • Adefected
  • Bdishonoured
  • Cdiscounted
  • Dcleared
Correct answer: B

Explanation

When the drawee fails to pay the bill on its due date, the bill is said to be dishonoured.
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