Which of the following is the party lending funds on a bill?
A)The debtor of the bill
B)The principal of the bill
C)The acceptor of the bill
D)The drawer of the bill

Name: Which of the following is the party lending funds on a bill? A)The debtor of the bill B)The principal of the bill C)The acceptor of the bill D)The drawer of the bill
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Question

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The drawer of the bill is the party that lends funds by drawing the bill, essentially the creditor who expects to be paid by the acceptor.

Which of the Following Is the Party Lending Funds on a Bill