Ultimate Law Resources : Database for Lawyers
(1) (a) The drawer of a bill of exchange by drawing .it, engages that on due presentment it shall be accepted and paid according to its tenor, and that if it be dishonoured, he will compensate the holder or any indorser who is compelled to pay it; and (b) the drawer of a cheque by drawing it, engages that in the-case of dishonour by the drawe...
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