Question

All of the following are parties to cheque except _________.

• A. Drawer
• B. Drawee
• C. Accepter
• D. Payee

Answer 1

Answer: (C)

Accepter

"A cheque typically involves three parties,

$\left(1\right)$ the drawer who writes the check,

$\left(2\right)$ the payee, to whose order the check is drafted and

$\left(3\right)$ the drawee bank, the bank which has the drawer's checking account from which the check is to be paid.