WAEC - Economics (1988 - No. 27)
The drawer of a cheque is the
Person who is to be paid the sum of money as written on the cheque
Person who takes the cheque to the bank
Bank on which the cheque is drawn
Person who writes out the cheque
Bank official who certifies the payment
Explanation
The drawer is the account owner who issued the cheque (to probably a third party). The bank is the drawee, while the party who is to catch the cheque is the payee.
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