Write True if the statement is true, False if it is false. All questions are...
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Accounting
Write True if the statement is true, False if it is false. All questions are based on the data below. Consider each number separate and distinct than that of the other except when it is provided otherwise.
Sexy draws an instrument which orders Gwapo to pay Macho or upon his order Php 10,000. Such instrument was indorsed to Ambrosio then to Borak then to Champorik then to Dambo the current holder. The instrument is payable on June 16, 2023.
25. The instrument becomes due in June 16, 2023, and there is no more need to demand such instrument to make it due. It is an exception to the rule that there is no delay when there is no demand.
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