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The date of maturity of a bill payable hundred days after sight and which is presented for sight on 4th May, 2017, is (as per the provisions of the Negotiable Instruments Act, 1881):

A. 13th August, 2017

B. 14th August, 2017

C. 15th August, 2017

D. 16th August, 2017

Answer: Option B


This Question Belongs to Law >> Negotiable Instruments Act

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