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प्रश्न
State the three parties involved in a bill of exchange
थोडक्यात उत्तर
उत्तर
The three parties involved in a bill of exchange are:
1. Drawer - The person or the party (creditor) which prepares the bill of exchange.
2. Drawee - The person or the party (debtor) who is ordered to pay the due amount of sum to the creditor.
3. Payee - Payee is the beneficiary person or party to whom the bill of exchange is payable.
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Meaning of Bill of Exchange
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