Advertisements
Advertisements
Question
Find the odd one:
Options
Notary public
Drawer
Drawee
Payee
MCQ
One Word/Term Answer
Solution
Notary public
Explanation:
Drawer, Drawee, and Payee are all parties involved in a bill of exchange or cheque transaction. The drawer issues the bill, the drawee is the person or entity expected to pay, and the payee is the recipient of the payment. However, a notary public is an official who certifies dishonor of a bill but is not a direct party to the transaction.
shaalaa.com
Is there an error in this question or solution?