ExamPlay Light Logo
Anmelden

WAEC - Commerce (2012 - No. 30)

The bank on which a cheque is drawn is known as the
drawer
drawee
cashier
payee

Erläuterung

Drawee is a legal and banking term used to describe the party that has been directed by the depositor to pay a certain sum of money to the person presenting the check or draft. The bank that cashes your check is the drawee, your employer who wrote the check is the drawer, and you are the payee.

Kommentare (0)

Zum Kommentieren anmelden
Werbung
BrainBehindX Inc Logo
©2026; Angetrieben von BrainBehindX Inc