For the drawee to be liable on a draft,the drawee must accept the drawer's written order to pay it.

Name: For the drawee to be liable on a draft,the drawee must accept the drawer's written order to pay it.
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Question

Quizplus · Accepted Answer

According to the rules of negotiable instruments, the drawee becomes liable on a draft only when they have accepted the drawer's order to pay. Until acceptance, the drawee is not legally obligated to honor the draft. Therefore, option A is correct.

For the Drawee to Be Liable on a Draft,the Drawee