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Suppose Company A ( buyer ) signed an agreement with Company B ( seller ) on purchasing 1 0 0 automobiles at $ 5 0

Suppose Company A (buyer) signed an agreement with Company B (seller) on purchasing 100 automobiles at $5000 and agreed that the payment method will be a Bill of Exchange issued by Company A (buyer). Meanwhile, Company B (seller) has a payment due to Company C (supplier) and would like to transfer its rights on the Bill of Exchange to Company C (supplier). Answer the following questions: (1) Who are the drawer and the payee according to the Bill of Exchange? What is the amount to be paid under the Bill of Exchange? (4 mark)(2) Under which circumstances Company C (supplier) can be paid directly via the Bill of Exchange? (2 mark)
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