When a customer writes a cheque to withdraw cash from his current account, he is both the?

By: |Published on: Jul 28|Categories: Commerce WAEC| 0 comments

A. Drawer and the Payee
B. Drawee and the Payee
C. Drawer and the Debtor
D. Drawer and the Creditor
E. Drawee and the Debtor

Correct Answer:

Option A – Drawer and the Payee

Users Also Read These:

SEE ALSO  Ola presented his motor-cycle for sale to Musa at a cost of #8,000. Musa agreed and bought the vehicle at the same amount. The #8,000 for the sale is?

Copyright warnings! Do not copy.