The Drawer Is Obligated to Pay the Draft Only If

question 30

True/False

The drawer is obligated to pay the draft only if the drawee fails to pay the instrument.

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Definitions:

Blast

A sudden, violent blow or impact, often referring to explosions or powerful gusts of wind, but can also describe the rapid growth and proliferation of cells in a specific context like biology or medicine.

Cidal

A term used in biology and pharmacology to describe agents or substances that kill or destroy, often used in the context of bacteria (bactericidal) or fungi (fungicidal).

Bi-

A prefix meaning two, twice, or double.

Pan-

A prefix meaning "all" or "every," used to indicate inclusiveness or universality.