A check involves three parties: the maker who signs the check,the payee who is the recipient,and the bank on which the check is drawn.

Question

Quizplus · Accepted Answer

This is a correct statement about the parties involved in a check transaction. The maker of the check is the person who writes and signs it, the payee is the person or organization who will receive the funds, and the bank on which the check is drawn is the financial institution that will process the transaction and transfer the funds.

A Check Involves Three Parties: the Maker Who Signs the Check,the