There are three parties on a promissory note: the maker,the drawee,and the payee.

Name: There are three parties on a promissory note: the maker,the drawee,and the payee.
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Question

​There are three parties on a promissory note: the maker,the drawee,and the payee.

Quizplus · Accepted Answer

A promissory note typically involves two parties: the maker (or issuer) who promises to pay a certain amount, and the payee to whom the amount is to be paid. The term "drawee" is not used in the context of a promissory note but is instead associated with instruments like drafts or checks.

​There Are Three Parties on a Promissory Note: the Maker,the

There Are Three Parties on a Promissory Note: the Maker,the