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      Question

      In relation to Bills of Exchange, which of the following

      statements is INCORRECT? 
      A Payer is the person to whom the amount of bill is payable. Correct Answer Incorrect Answer
      B Drawer is a person who draws the bill. Correct Answer Incorrect Answer
      C Endorsee is the person in whose favour the bill is endorsed by the drawer. Correct Answer Incorrect Answer
      D Drawee is the person on whom the bill is drawn. Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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