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प्रश्न
The person on whom a bill is drawn is called a ______.
विकल्प
Drawee
Payee
Drawer
Acceptor
MCQ
रिक्त स्थान भरें
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उत्तर
The person on whom a bill is drawn is called a Drawee.
Explanation:
Drawee is the person on whom the bill is drawn. He has to accept the bill drawn on him. He is the debtor who has to pay money to creditor. For the Drawee the instrument is his “Bills payable”, since he has to pay the amount of the bill.
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