Question: What is a draft? A draft is an unconditional written order that involves three parties. The party creating the draft, the drawee, orders another party,

What is a draft?

A draft is an unconditional written order that involves three parties. The party creating the draft, the drawee, orders another party, the drawer, to pay money, usually to a third party, the payee.

A draft is an unconditional written order that involves three parties. The party creating the draft, the payee, orders another party, the drawee, to pay money, usually to a third party, the drawer.

A draft is an unconditional written order that involves three parties. The party creating the draft, the drafter, orders another party, the drawee, to pay money, usually to a third party, the payee.

A draft is an unconditional written order that involves three parties. The party creating the draft, the drawer, orders another party, the drawee, to pay money, usually to a third party, the payee.

What is a draft? A draft is an unconditional written order

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