
The person or company to whom the draft or bill of exchange is addressed is the:
A) drawee.
B) drawer.
C) maker.
D) originator.
Correct Answer:
Verified
Q23: Which of the following purposes is NOT
Q24: A/An _ letter of credit is an
Q25: A letter of credit that is confirmed
Q26: A revocable L/C is intended to serve
Q27: A sight draft is payable on presentation
Q29: Drafts that have been accepted by banks
Q30: The _ is the instrument normally used
Q31: The major advantage of a letter of
Q32: A letter of credit is an agreement
Q33: To constitute a true letter of credit
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