In a draft transaction, the drawee is the party who ________.
A) demands the draft
B) pays the money stated in a draft
C) writes an order for a draft
D) receives the money from a draft

Name: In a draft transaction, the drawee is the party who ________. A) demands the draft B) pays the money stated in a draft C) writes an order for a draft D) receives the money from a draft
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Quizplus · Accepted Answer

The drawee is the party who is responsible for paying the money stated in a draft.

In a Draft Transaction, the Drawee Is the Party Who