Joe writes a check payable to Advanced Autos.The check is drawn on his checking account with Progressive Bank.The drawee on this check is:
A)Joe.
B)Progressive Bank.
C)Advanced Autos.
D)the Federal Reserve.

Question

Quizplus · Accepted Answer

A draft has three parties to it: one person (known as the drawer)orders a second person (the drawee)to pay a certain sum of money to a third person (the payee),to a person specified by that person,or to bearer.

Joe Writes a Check Payable to Advanced Autos