WAEC Commerce 2012 Objective — Question 30
Question 30 of 50 from the West African Examinations Council (WAEC) Commerce 2012 Objective paper, with the correct answer and a full explanation.
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The bank on which a cheque is drawn is known as the
- A. drawer
- B. draweeCorrect
- C. cashier
- D. payee
Explanation
The drawee is the bank on which the cheque is drawn.
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