Question

x draws a bill on y. x endorsed the bill to z. who will be the payee​

Answer 1

Explanation:

The drawer is the party that obliges the drawee to pay the payee. The drawer and the payee are the same entity, unless the drawer transfers the bill of exchange to a third-party payee. Here, X is the drawer or maker of the bill, Y is the drawee and Z is the payee of the instrument