Who Is the Drawee in a Draft Transaction

question 48

Multiple Choice

Who is the drawee in a draft transaction?

• A)The party that demands the draft.
• B)The party who pays the money stated in a draft.
• C)The party who writes an order for a draft.
• D)The party who receives the money from a draft.

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Definitions:

Craft Unions

Labor unions that represent workers skilled in a particular craft or trade, focusing on specific skill sets and occupations.

Flush Toilet

A flush toilet is a sanitation fixture used for the disposal of human waste, operating by using water to flush the waste through a drain to a sewage system.