Q. ___ is the person who draws the bills of exchange & ___ is the person to whom the payment is to be made.
A. drawer, drawee
B. drawee, payee
C. payee, drawee
D. drawer, the payee.
Answer: drawer, the payee.
A. drawer, drawee
B. drawee, payee
C. payee, drawee
D. drawer, the payee.
Answer: drawer, the payee.