A drawer is
A) the party who is required to make payment.
B) the entity that consents to accept the bill of exchange by indicating accepted on the face of the instrument.
C) the party who signs the document.
D) the party who draws up the bill of exchange.
E) the party who is named to receive payment.

Question

Quizplus · Accepted Answer

The drawer is the party who creates or draws up the bill of exchange, instructing another party to make payment.

A Drawer Is