Explanation:

- The parties to a bill of exchange are:

- Drawer: The person who makes or writes the bill.

- Drawee: The person to whom the bill is addressed, who is directed to pay.

- Payee: The person who is to receive the payment.

- Option 4 is incorrect because it only includes Drawer and Drawee, leaving out the Payee.

- Option 5 (All of these) is correct, as all three – Drawer, Drawee, and Payee – are parties to a bill of exchange.

Option: 5 – All of these is correct.