Which of the following are the persons are not involved in bill of exchange ?

Maker

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Holder

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Payee

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Drawee

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Solution

The correct option is B Drawee
Bill of Exchange mainly involves three parties: Drawer/Maker, Drawee and Payee. In most of the cases, the Drawer and Payee are the same person as the Drawer draws the bill in his/her own favour.
Holder refers to a person; we mean the payee of the negotiable instrument, who is in possession of it. He is not involved in bill of exchange.

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