Bills are drawn by _______. - Vidyadip

MCQ

Bills are drawn by _______.

✓
Creditors
B
Debtors
C
Agent
D
Brokers

✓

Answer

Correct option: A.

Creditors

A bill of exchange is generally drawn by the creditor upon his debtor. It has accepted by the drawee (debtor) or someone on his behalf.
A seller/ creditor who is entitled to receive money from the debtor can draw a bill of exchange upon the buyer/ debtor.

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