Question

bill of exchange is drawn by a: 


A. Debtor

B. Creditor

C. Holder

D. Endorsee. 




pleasse help ​

Answer 1

Answer:

creditor is the Answer

Explanation:

According to the negotiable instruments Act 1881 a bill exchange is defined as an instrument in writing containing an unconditional order signed by the maker directing a certain person to pay a certain sum of money only to or to the order of a certain person or to the bearer of the instrument . A bill of exchange is generally drawn by the creditor upon his debtor.

Answer 2

Answer:

creditor is the Answer

Explanation:

According to the negotiable instruments Act 1881 a bill exchange is defined as an instrument in writing containing an unconditional order signed by the maker directing a certain person to pay a certain sum of money only to or to the order of a certain person or to the bearer of the instrument . A bill of exchange is generally drawn by the creditor upon his debtor.