Question Tag: Cheque

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BL – May 2023 – L1 – SA – Q7 – Negotiable Instruments

Identify the correct term for the person who orders payment through a cheque.

The person who orders money to be paid on his behalf to a named person through a cheque is called:

A. Payee
B. Payer
C. Drawer
D. Drawee
E. Payor

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BL – May 2023 – L1 – SA – Q7 – Negotiable Instruments

Identify the correct term for the person who orders payment through a cheque.

The person who orders money to be paid on his behalf to a named person through a cheque is called:

A. Payee
B. Payer
C. Drawer
D. Drawee
E. Payor

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – May 2023 – L1 – SA – Q7 – Negotiable Instruments"

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