Question

mention the parties to a bill of exchange​

Answer 1

Answer:

There are 3 parties involved in a payment by bill of exchange

Explanation:

1.the drawer is the party that issues a bill of exchange – the 'creditor';

2.the beneficiary or payee is the party to which the bill of exchange is payable;

3.the drawee is the party to which the order to pay is sent - 'the debtor'.

Answer 2

Answer:

There are 3 parties to a bill of exchange:

Explanation:

Drawer:-The person who gives the order to pay for women accessible is called the drawer. Drawee:-the person who is directed to pay is called drawee.

Payee:-The please to whom the payment is to be made is called the payee.