Question

1.An unconditional order in writing addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand, or at a fixed determinable future time, a sum certain in money to or to the order of a specified person or bearer is known as _____________
a.Bill of Exchange
b.Banker\'s acceptance
c.Promissory Note
d.Banker\'s acceptance

2._______means the payee, or endorser of a Bill or Note, who is in possession of it or bearer thereof.
a.Drawee
b.Endorser
c.Holder
d.Possessor

Answer 1

1 a.Bill of Exchange 

2 c.Holder