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प्रश्न
A person who accepts the bill is called __________
विकल्प
drawer
acceptor
payee
creditor
उत्तर
A person who accepts the bill is called Acceptor.
The person on whom the bill is drawn is called drawee. Bill needs to be signed(accepted) by the drawee, Therefore when drawee accepts the Bill and also becomes the acceptor.
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संबंधित प्रश्न
There are _____ parties to a bill of exchange.
Answer in one sentence only.
Who is Drawer?
Answer the following question in one sentence only.
Who is Drawee?
Give word / term or phrase for the following statement.
A person who draws a bill of exchange.
Give word / term or phrase for the following statement.
A person on whom a bill of exchange is drawn.
Answer the following question in one sentence.
Who is ‘Payee’ ?
Select the most appropriate alternative from those given below and rewrite the statement.
There are ____________ parties to the Bill of Exchange.
