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the party who draws the bills of exchange
Question:
The party who draws the bills of exchange:
CBSE Class X - 2024
CBSE Class X
Updated On:
Dec 16, 2024
Debtor
Creditor
Payee
Acceptor
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The Correct Option is
B
Solution and Explanation
The creditor is the party who draws the bill of exchange. This is because the creditor has the right to demand payment from the debtor and thus creates (or draws) the bill.
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