In bill of exchange, drawer is ? Options: A . &nbspThe person who accepts the bill B . &nbspThe person to whom the amount is paid C . &nbspThe person who draws the bill D . &nbspThe person in whose favour the bill is

In bill of exchange, drawer is ?

Question

In bill of exchange, drawer is ?

Options:

A . The person who accepts the bill

B . The person to whom the amount is paid

C . The person who draws the bill

D . The person in whose favour the bill is

Answer: Option C
:
C
Drawer is the person who draws the bill.

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Question 1. X draws a bill on Y for Rs. 3,000. X endorsed this bill to Z. Y will pay the bill amount to :....

Question 2. X draws a bill on Y for Rs. 3,000. X endorsed this bill to Z. Who is the drawee ?....

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Question 5. Drawer and Payee can be the same person in case of a bill of exchange. Is the statement true?....

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