Question

53. A drawer in the bill of exchange can also be a
(A) Paymaster
(B) Payee
(C) Banker
(D) Creditor​

Answer 1

Answer:

Creditor

Explanation:

A drawer in the bill of exchange can also be a Creditor

Hopefully

Brainliest

Answer 2

The drawer can also be a creditor.

• A bill of exchange is a document in which the creditor requests that the debtor pay a given amount to a designated party by a particular deadline.
• It involves three parties.

1. The first is the drawer, also known as the creditor,
2. The second is the beneficiary also known as the payee to whom the bill is payable.
3. The third is the drawee, often known as "the debtor," to whom the order to pay is delivered. After writing the acceptance on the bill of exchange, the drawee becomes the acceptor.

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