Parties to bill of exchange that is endorsed to a third party are the?

The parties to a bill of exchange that is endorsed to a third party are the drawer, drawee, and the new payee. A bill of exchange is a legal document that orders the drawee, typically a bank, to pay a certain amount of money to the payee, as instructed by the drawer. The drawer is the person who creates or initiates the bill, while the drawee is the person or entity who is ordered to make the payment. The payee is the person or entity who is entitled to receive the payment. In some cases, a payee may not want to wait until the due date of the bill to receive the payment. They can endorse the bill to a third party, who becomes the new payee. The endorsement process involves signing the back of the bill and handing it over to the new payee. So, when a bill of exchange is endorsed to a third party, the drawer and the drawee remain the same, but the new payee is added to the list of parties involved in the transaction. Therefore, the parties to a bill of exchange that is endorsed to a third party are the drawer, drawee, and the new payee.