Question

1.
In which situation 'Drawer' and Payee' is the same person in case of a Bill of
exchange ?
1
(a)
When the drawer endorses the bill to a third party
(b)
When the drawer gets the bill discounted with the bankers
(w) When the drawer retains the bill till maturity
When the drawer sends the bill to a collecting agency for collection​

Answer 1

option (b) is the answer.