A(n) ________ is a three-party instrument on which the drawer makes an unconditional order to a drawee to pay a named payee.

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A bill of exchange is a three-party instrument on which the drawer (seller) makes an unconditional order to a drawee (buyer) to pay a named payee (usually the seller themselves or a third party) a specific amount at a designated future time or on demand.

A(n) ________ Is a Three-Party Instrument on Which the Drawer