The accepted negotiable instruments governed by the bill of exchange act canada federal statute. Originates at drawer (creditor) and requires drawee/debtor to acknowledge indebtedness and agree to pay according to the terms stated in the document. The slanted line c this is where the word signature of the drawee goes beneath it and the date beside the word. Drawer c creditor or party who draws up/ prepares the bill, also the person who prepares the promissory note. Cheques are usually prepared by the banking or financial institution. Drawee c party or debtor who must pay. Acceptor c drawee/debtor who consents to the bill by signing it and putting. For all bills of exchange, an endorsement is when you sign the back of the document. It can be signed by the person who is payable to. Wholesale co can endorse it to someone else to whom they probably owe money to. Endorsement c signing one purpose of negotiating it to another.