An accommodation bill is one :

CS CSEET · Business Laws and Management · PYQS · October 2026
An accommodation bill is one :
(A) Always foreign bill
(B) Drawn for genuine trade transaction
(C) Always dishonoured
(D) Drawn without consideration to oblige another party

Answer & Explanation:

Correct Answer: Option (D)

Correct answer: (D) Drawn without consideration to oblige another party.

Topics: Negotiable Instruments Act, 1881

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