Asked by
florence nsamba
on Oct 20, 2024
Verified
A check involves 3 parties: the maker who signs the check, the payee who is the recipient, and the bank on which the check is drawn.
Maker
In finance, often refers to the original issuer of a promissory note or check responsible for payment.
- Identify the parties involved in a check and understand the check's role in banking transactions.
Verified Answer
AP
Learning Objectives
- Identify the parties involved in a check and understand the check's role in banking transactions.