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¢ 1. Who is the drawer/drawee? i.e. who is paying whom? ¢ 2. On which day was the draft drawn? ¢ 3. Is the Bill in sola (one copy) or two? ¢ 4. How much money is involved? ¢ 5. This bill only shows the sum of money is figures. Can you write out the same amount in words? Where do you write it . ¢ 6. In a bill of exchange, the places of the sender and the receiver are fixed. Where are they respectively? ¢ How long is this bill valid? ¢ According to the bill, what is the mode of payment used? ¢ 9. What do the following abbreviations stand for? USD________ No.___________ LC____________ CO.___________