Multiple Choice
Drew signs a check "pay to the order of East State University" drawn on Drew's account in Fidelity Bank to pay her tuition. Drew is
A) the payor.
B) the drawee.
C) the drawer.
D) the payee.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: With respect to processing checks for payment,
Q15: Travis signs a check "pay to the
Q16: Banks that do not exchange checks electronically
Q18: Financial institutions that exchange digital images of
Q19: When a bank wrongfully dishonors a check,
Q22: A stop-payment order can be given orally.
Q24: State Bank agrees to accept a check
Q24: The drawer, drawee, or payee of a
Q25: When the customer's negligence substantially contributes to
Q26: The general rule is that the bank