Solved

Who Is the Drawee in a Draft Transaction

Question 48

Multiple Choice

Who is the drawee in a draft transaction?


A) The party that demands the draft.
B) The party who pays the money stated in a draft.
C) The party who writes an order for a draft.
D) The party who receives the money from a draft.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions