Question

______ is a person to whom the amount of a cheque is payable.

पर्याय

• Drawer

• Drawee

• Payee

• Customer

Answer 1

Payee is a person to whom the amount of a cheque is payable.

Explanation:

The payee is the individual or entity that receives the funds when the cheque is presented for payment. The drawer is the one who writes and signs the cheque, ordering the bank to pay the specified amount to the payee.