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NZIt is a partial or conditional assent to an offer in contract law, which alters the original terms of a bill of exchange (time, event, amount, place, etc.) as drawn. It can be treated as dishonour by the bill owner by non-acceptance.
It is a partial or conditional assent to an offer in contract law, which alters the original terms of a bill of exchange (time, event, amount, place, etc.) as drawn. It can be treated as dishonour by the bill owner by non-acceptance.
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