158
Question
A person in whose favor the bill is drawn is called ___________.
A person in whose favor the bill is drawn is called ___________.
Open in App
Solution
The correct option is C Payee
The party upon whom the bill is drawn is called the drawee. He is the person to whom the bill is addressed and who is ordered to pay.
The party upon whom the bill is drawn is called the drawee. He is the person to whom the bill is addressed and who is ordered to pay.
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
