48. Distinguish foreign bills of exchange and inland bills of exchange.
49. What kinds of bills of exchange must be protested?
50. Distinguish between drawee and acceptor.
51. What is the liability of an acceptor?
52. How may a bill of exchange be accepted?
53. What is a qualified acceptance?
54. In case of a qualified acceptance, if the acceptor fails to pay the draft at maturity is the drawer liable?
55. What is the liability of a maker of a promissory note?
56. If a note is made payable at a bank, and is not presented at the bank at maturity, is the maker discharged?
57. Define indorsement.