Bill of exchange

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December 4, 2013 at 7:57 am #150052
christine71
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Hi, can some one tell me that will bill of exchange is financial instrument ?
December 4, 2013 at 8:09 am #150057
MikeLittle
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It looks to me like it satisfies the definition of a financial asset “any asset that is cash ora contractual right to receive cash ….”
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