Which statement about notes and drafts is accurate?
a.
With a note, you order someone else to pay.
b.
With a note, two people are involved: maker and payee.
c.
With a draft, two people are involved: drawer and drawee.
d.
With a draft, you make a promise that you will pay
Expert Answer
b- With a note, two people are involved: maker and payee.
There are 2 people involved in note. The maker is the one who isthe insurer of the promissory note and payee who is owed money.