To accept a draft,the drawee:A) need only sign the draft across the face of the instrument.B) needs to write accepted on a separate piece of paper.C) need only sign on a separate piece of paper affixed to the draft.D) needs to write accepted behind the instrument and sign the bank's record.

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Christian Puzon · Accepted Answer

Final Answer : A, Explanation :  To accept a draft, the drawee needs to sign the draft across the face of the instrument. This act signifies the drawee's agreement to pay the amount specified in the draft when it comes due.

To accept a draft,the drawee:

A) need only sign the draft across the face of the instrument.
B) needs to write "accepted" on a separate piece of paper.
C) need only sign on a separate piece of paper affixed to the draft.
D) needs to write "accepted" behind the instrument and sign the bank's record.

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To accept a draft,the drawee:A) need only sign the draft across the face of the instrument.B) needs to write "accepted" on a separate piece of paper.C) need only sign on a separate piece of paper affixed to the draft.D) needs to write "accepted" behind the instrument and sign the bank's record.

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