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CA Foundation doubt

Please explain 22 and 24 ,True or false with reason

Image attached to the doubt: Please explain 22 and 24 ,True or false with reason

Asked by RPR13 Sept 2025550 views

2 answers

  1. RPR · 14 Sept 2025

    Thnx

  2. Khushi · 14 Sept 2025

    24.True. If the drawee is insolvent and cannot pay the full amount, the bill is considered dishonored, even if a partial payment is made. 22.True. The drawee is concerned with the payment on the due date, not with the interim transactions (discounting or endorsing) between the drawer and other parties.

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