1
You visited us
1
times! Enjoying our articles?
Unlock Full Access!
Byju's Answer
Standard XI
Accountancy
Parties of BOE
A person who ...
Question
A person who accepts the bill is called ______.
A
Drawer
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Acceptor
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Payee
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Creditor
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is
A
Drawer
Drawer is a person who is the maker of bill of exchange.
He is the person who accepts the bill and directs the payee to pay the bill as directed.
Suggest Corrections
0
Similar questions
Q.
A person who accepts bill is called ____________.
Q.
A person who endorses a bill is called an _____________.
Q.
A person who draws a bill of exchange is called as _______.
Q.
Before accepting a bill it is called as __________.
Q.
A bill drawn and accepted for a value received is called as _______.
View More
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
Related Videos
Introduction to Bill of Exchange
ACCOUNTANCY
Watch in App
Explore more
Parties of BOE
Standard XI Accountancy
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
AI Tutor
Textbooks
Question Papers
Install app