The Party Who Agrees to Make a Payment to Another

question 140

True/False

The party who agrees to make a payment to another party, based on a document presented to it, such as a bank, is called the drawer.

---

Definitions:

Deceptive

Misleading or likely to mislead or cheat; not presenting the truth completely or accurately.

Cease-and-Desist Order

A legal order issued by a government authority or court directing a person or entity to stop a specified action.

Online Ads

Digital advertisements displayed over the internet through various platforms including websites, social media, and email.

Truthful

Being honest and accurate in statements or representations; not lying or deceiving.