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  3. Study Set
    Essentials of Business Law Study Set 3
  4. Exam
    Exam 22: Introduction to Commercial Paper
  5. Question
    The Parties Involved in a Draft or a Check Have
Solved

The Parties Involved in a Draft or a Check Have

Question 3

Question 3

Multiple Choice

The parties involved in a draft or a check have particular names. The person who receives the money is called the:


A) payee.
B) drawer.
C) holder.
D) payer.

Correct Answer:

verifed

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