CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
2
You visited us 2 times! Enjoying our articles? Unlock Full Access!
Question

Drawer means a person who ___________.

A
makes the order
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
accepts it
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
all of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A makes the order
Drawer is one of the party to the bill of exchange. Drawer is the maker of the bill of exchange. A seller/creditor who is entitled to receive money from the debtor can draw a bill of exchange upon the buyer/debtor. The drawer after writing the bill of exchange has to sign it a s maker of the bill of exchange.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
New Forms of Money
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon