When the holder of the bill receives the payment of the bill, he shall return the signed bill to the drawer.
举一反三
- The first holder of a bill is the（ ） of the bill of exchange. A: drawer B: drawee C: payee D: acceptor
- According to the Negotiable Instruments Law of the People's Republic of China (2004 Revision)If a holder get the payment, the holder shall sign the bill of exchange and deliver the draft to the payer. If a holder has entrusted a bank for the collection, the bank entrusted shall transfer the amount of the bill of exchange collected into the account of the holder, which shall be regarded as the receipt signed.
- （ ）is not a holder of a bill of exchange. A: Payee B: Endorsee C: Drawer D: Bearer
- When a holder of a commercial bill sells it before its maturity date the return to the holder is called the holding period return.
- The holder of a bill does not present for payment before the due of the bill. If the holder is refused payment, the prior party may be exempted from recourse.