The parties to a bill of exchange are: 1. Drawer, Drawee & Maker. 2. Drawer, Drawee & Payee.

Question

The parties to a bill of exchange are:

1. Drawer, Drawee & Maker.

2. Drawer, Drawee & Payee.

3. Payee, Drawee & Maker.

4. Drawer. Maker & Payee.

Answer 1

The parties to a bill of exchange are Drawer, Drawee & Payee.