When the drawee of a draft has indicated by writing or record a willingness to pay the amount specified in the draft the drawee is called a(n):
A) acceptor.
B) accommodation party.
C) payee.
D) secondary obligator.

Question

Quizplus · Accepted Answer

The drawee who indicates a willingness to pay the amount specified in the draft is called an acceptor. They accept the obligation to pay the amount mentioned in the draft.

When the Drawee of a Draft Has Indicated by Writing