Examlex
Identify the quantity and quality of the following statement form. Every S is P.
Payable
The status of an obligation that is due to be paid.
Instrument
A written legal document that formalizes an agreement or an obligation.
Drawer
In banking and finance, the person who writes or draws a check, draft, or bill of exchange.
Drawee
The party in a transaction upon whom a check, draft, or bill of exchange is drawn and who is directed to pay.
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