Question 23
BankingUse the diagram (a cheque: XYZ Bank of Commerce PLC, 55 Jones Road, Freetown, 18/06/2016, 'Pay Peter Saidy or Order the sum of Sixty thousand leones', Le 60,000.00, SIGN: Oki Williams) to answer the question. Oki Williams is the

- A.payee.
- B.endorser.
- C.drawer.
- D.drawee.
Show the answer and explanation
Answer: C (drawer.)
Explanation
Oki Williams signed the cheque, so he is the drawer.