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Business Studies

Dematerialisation and Depository

is the person...

Question

________ is the person who makes or draws the promissory note.

A

Maker

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B

Drawee

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C

Payee

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D

None

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E

None of the above

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Solution

The correct option is A Maker
Maker or Drawer is the person who makes or draws the promissory note to pay a certain amount as specified in the promissory note. He is also called the promisor.

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