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Question
A person who draws the bill of exchange is known as ______.
Fill in the Blanks
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Solution
A person who draws the bill of exchange is known as drawer.
Explanation:
The Drawer is the person who creates or writes the bill of exchange (usually the seller or creditor). By signing the document, they order the Drawee (the buyer or debtor) to pay a specific sum of money at a future date.
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