Question

From the following information, find out who can draw the bill if Mr A sold goods to B.

• A. A will draw a bill on B
• B. B will draw a bill on A
• C. None
• D. Third party will draw a bill on A (a)

Answer 1

The correct option is A A will draw a bill on B

The person who draws the bill is called the drawer. He gives the order to pay money to third party. 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.