Multiple Choice
The person who is ordered to pay a draft is called the .
A) drawer
B) acceptee
C) drawee
D) payee
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: A holder who takes a negotiable instrument
Q9: The person who executes a promissory note
Q10: Electronic fund transfers that begin at retailers
Q11: Negotiable instruments have replaced the instruments of
Q12: Checks and trade acceptances are special types
Q14: The maker executes a note by signing
Q15: are writings drawn in a special form
Q16: If commercial paper is made payable to
Q17: Generally, a transfer initiated by a telephone
Q18: Under the Electronic Fund Transfer Act, a