Bill of Exchange Mastery Quiz

Froggy Jumps

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About this activity

Test your knowledge of bills of exchange.

Created by

NUR AQILAH BAKRI

Malaysia

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2	NUR AQILAH BAKRI December 1, 2025	% 80	01:43
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Froggy Jumps Bill of Exchange Mastery QuizOnline version Test your knowledge of bills of exchange. by NUR AQILAH BAKRI 1 Question 1: Which is the correct definition of a bill of exchange? a A credit instrument b An unconditional order in writing c A conditional order in writing 2 Question 2: Who are the parties of a bill of exchange? a The drawer, the drawee, and the payee b The lender, borrower, and endorser c The maker, holder, and beneficiary 3 Question 3: Which is not a characteristic of a bill of exchange? a It must be in writing b It must be unconditional c It must include a promise to deliver goods in the future 4 Question 4: What is the correct judgement of Palmer v Pratt? a Unconditional on drawer's request b Order to pay upon sale of goods unconditional c Order to pay 30 days after ship arrives was conditional 5 Question 5: When must a bill be paid under s.10(1) BOEA 1949? a When payable on demand, sight, presentation, or no time specified b Only on a fixed future date c Only after 30 days 6 Question 6: Why can’t the order to pay a bill be conditional? a It must be approved by the payee b Only banks can issue conditional orders c Because a conditional order invalidates the bill 7 Question 7: What’s the difference between blank and special indorsement? a Blank requires witness b Blank = payable to bearer, special = restricts payment c Blank = written, special = verbal 8 Question 8: What does “dishonour by non-payment” mean? a Drawee refuses acceptance before maturity b Drawer cancels the bill c Drawee defaults payment partially or fully 9 Question 9: What is the effect of failing to present a bill for payment? a Drawee and indorsers discharged from liability b Bill becomes payable on demand c Drawer liable for double amount 10 Question 10: What happens if the drawee refuses to accept the bill? a Drawer issues replacement b Bill is dishonoured by non-acceptance c Converts into a promissory note

Froggy Jumps

Bill of Exchange Mastery QuizOnline version

Test your knowledge of bills of exchange.

by NUR AQILAH BAKRI

Question 1: Which is the correct definition of a bill of exchange?

A credit instrument

An unconditional order in writing

A conditional order in writing

Question 2: Who are the parties of a bill of exchange?

The drawer, the drawee, and the payee

The lender, borrower, and endorser

The maker, holder, and beneficiary

Question 3: Which is not a characteristic of a bill of exchange?

It must be in writing

It must be unconditional

It must include a promise to deliver goods in the future

Question 4: What is the correct judgement of Palmer v Pratt?

Unconditional on drawer's request

Order to pay upon sale of goods unconditional

Order to pay 30 days after ship arrives was conditional

Question 5: When must a bill be paid under s.10(1) BOEA 1949?

When payable on demand, sight, presentation, or no time specified

Only on a fixed future date

Only after 30 days

Question 6: Why can’t the order to pay a bill be conditional?

It must be approved by the payee

Only banks can issue conditional orders

Because a conditional order invalidates the bill

Question 7: What’s the difference between blank and special indorsement?

Blank requires witness

Blank = payable to bearer, special = restricts payment

Blank = written, special = verbal

Question 8: What does “dishonour by non-payment” mean?

Drawee refuses acceptance before maturity

Drawer cancels the bill

Drawee defaults payment partially or fully

Question 9: What is the effect of failing to present a bill for payment?

Drawee and indorsers discharged from liability

Bill becomes payable on demand

Drawer liable for double amount

Question 10: What happens if the drawee refuses to accept the bill?

Drawer issues replacement

Bill is dishonoured by non-acceptance

Converts into a promissory note

You can integrate the game into an LMS compatible with LTI 1.1 or LTI 1.3 such as Canvas, Moodle, or Blackboard. This way, the scores will be automatically saved into the platform’s gradebook.

Bill of Exchange Mastery Quiz

Froggy Jumps

About this activity

Created by

Download the paper version to play

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Bill of Exchange Mastery QuizOnline version

by NUR AQILAH BAKRI

Question 1: Which is the correct definition of a bill of exchange?

Question 2: Who are the parties of a bill of exchange?

Question 3: Which is not a characteristic of a bill of exchange?

Question 4: What is the correct judgement of Palmer v Pratt?

Question 5: When must a bill be paid under s.10(1) BOEA 1949?

Question 6: Why can’t the order to pay a bill be conditional?

Question 7: What’s the difference between blank and special indorsement?

Question 8: What does “dishonour by non-payment” mean?

Question 9: What is the effect of failing to present a bill for payment?

Question 10: What happens if the drawee refuses to accept the bill?

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