Question

the person to whom amount is playable​

Answer 1

Explanation:

Payee: The payee is the person to whom the amount of bill of exchange is to be paid. The payee can be the drawer himself or the creditor of the drawer. Endorser: Endorser is the person who transfers rights of payment.

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Answer 2

Answer:

In simple words, it is always drawn by the creditor on the debtor. The person who draws is known as the 'drawer' and the person on whom it is drawn is known as the 'drawee' or 'acceptor'. The person to whom the amount of money is payable to is known as the 'payee'.

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