Accountancy, asked by shaswe11, 2 months ago

the drawer of a bill of exchange is called as

Answers

Answered by priyadarsini33

6

The drawee is the party that pays the sum specified by the bill of exchange. The payee is the one who receives that sum. The drawer is the party that obliges the drawee to pay the payee.

Answered by itzshivam15

2

Answer:

The drawee is the party that pays the sum specified by the bill of exchange. The payee is the one who receives that sum. The drawer is the party that obliges the drawee to pay the payee.

Explanation:

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