What is a bill of exchange either accepted or endorsed by a bank called?
A) A commercial bill
B) A bank bill
C) A trade bill
D) A negotiable bill

Question

Quizplus · Accepted Answer

A bill of exchange that has been accepted or endorsed by a bank is known as a bank bill. This endorsement or acceptance by the bank adds credibility and makes it more secure for the holder, as it indicates the bank's promise to pay the face value of the bill when it matures.

What Is a Bill of Exchange Either Accepted or Endorsed