Question

Who draws a bill of exchange?

• A. Creditor
• B. Debtor
• C. Drawer
• D. None of these

Hint:

The Drawer initiates the bill, while the Drawee (Debtor) accepts it.

Answer 1

The Correct Option is C

Step 1:
A bill of exchange is a written order by the creditor to the debtor to pay a certain amount.
Step 2:
The person who creates or draws this bill is known as the Drawer, typically the creditor.
Step 3:
Therefore, the correct option is (C) Drawer.