Drawee means a person who -
A)Makes the order .
B)Accepts it .
C)Takes the payment on due date .
D)Creditor

Question

Quizplus · Accepted Answer

The drawee is the party in a financial transaction who is directed to pay a certain sum of money to the bearer or holder of the instrument. In the context of a check or draft, the drawee is the bank or financial institution that is expected to pay the specified amount to the person presenting the check for payment.

Drawee Means a Person Who -