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The drawee of a cheque is always a
Company
Payee
Debtor
Banker
- Option 1: Company
- Companies can issue cheques but are typically not the drawee.
- A company might be the drawer or payee.
- Option 2: Payee
- The payee is the person or entity to whom the cheque is made payable.
- They receive the funds once the cheque is cashed.
- Option 3: Debtor
- A debtor might owe money represented by the cheque.
- Not typically referred to as the drawee.
- Option 4: Banker
- The banker is the drawee of a cheque.
- They are responsible for making the payment on behalf of their account holder.
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