The drawee becomes an _________________ on acceptance of bill.

Debtor

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Acceptor

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Creditor

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Endorser

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Solution

The correct option is B Acceptor
Signing the Bill of Exchange is called Acceptance , Therefore when Drawee Accepts the Bill he also becomes the ACCEPTOR

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10^{t h}

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The drawee becomes an _________________ on acceptance of bill.

The correct option is B AcceptorSigning the Bill of Exchange is called Acceptance , Therefore when Drawee Accepts the Bill he also becomes the ACCEPTOR

The correct option is B Acceptor
Signing the Bill of Exchange is called Acceptance , Therefore when Drawee Accepts the Bill he also becomes the ACCEPTOR