Short Answer Questions · Q4
Q.State the three parties involved in a bill of exchange.
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Start your 14-day free trial to unlock the full solution →Three parties: drawer, drawee and payee.
| Party | Who | Role |
|---|---|---|
| Drawer | The creditor/seller | Makes and signs the bill. |
| Drawee | The debtor/buyer | Accepts and pays the bill. |
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