A Documentary Draft Issued for the Purchase of Goods by ABC

Multiple Choice

A documentary draft issued for the purchase of goods by ABC Co.payable to XYZ Co.,payable upon presentation,defines ABC Co.as the _____,XYZ Co.as the _____,and the specialized name for the documentary draft is _____

A) drawee; drawer; sight draft.
B) drawer; drawee; sight draft.
C) drawee; drawer; documents against acceptance.
D) drawer; drawee; cash against documents.