Which of the following is the party ordered to pay on a draft?

Question

Quizplus · Accepted Answer

A)A draft is an instrument that is an order.Three parties are related to an order.
First,a drawer is the party that gives the order.Second,a drawee is the party that must obey the order.
B)A draft is an instrument that is an order.Three parties are related to an order.First,a drawer is the party that gives the order.Second,a drawee is the party that must obey the order.
C)A draft is an instrument that is an order.Three parties are related to an order.First,a drawer is the party that gives the order.Second,a drawee is the party that must obey the order.
D)A draft is an instrument that is an order.Three parties are related to an order.First,a drawer is the party that gives the order.Second,a drawee is the party that must obey the order.
E)A draft is an instrument that is an order.Three parties are related to an order.First,a drawer is the party that gives the order.Second,a drawee is the party that must obey the order.
Page Ref: 630 Topic: Checks

Which of the Following Is the Party Ordered to Pay