If a check is made payable to Paolo, and Paolo signs on the back of the check, Paolo is:
A) the payee and the indorser.
B) the drawee and the indorser.
C) the payee and the endorsee.
D) only the indorser.

Question

Quizplus · Accepted Answer

Paolo is the payee because the check is made payable to him. Paolo is also the indorser because he has signed on the back of the check, indicating that he is transferring the rights to the check to another party.

If a Check Is Made Payable to Paolo, and Paolo