Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is the main purpose of a Bill of Exchange?
💡 Hint: Think about the roles involved in a transaction.
Question 2
Easy
Name two of the three parties involved in a Bill of Exchange.
💡 Hint: Recall the roles we discussed in class.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What must a Bill of Exchange contain?
- A verbal agreement
- A written instruction
- An oral promise
💡 Hint: Think about the format required for formal agreements.
Question 2
True or False: A payee can endorse a Bill of Exchange.
- True
- False
💡 Hint: Consider the implications of transferring rights in bills.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
You are a business owner who has drawn a Bill of Exchange for $5,000 to be paid in 30 days. However, your drawee refuses to accept it because it's not dated. Discuss the implications and how you could resolve the situation.
💡 Hint: Consider the legal requirements of a valid Bill of Exchange.
Question 2
Create a scenario where a Bill of Exchange is successfully transferred to a third party. Detail the steps taken and the importance of endorsement.
💡 Hint: Reflect on the different parties and what must happen for a transfer to be valid.
Challenge and get performance evaluation