When a check is issued,the party being paid the cash is referred to as the ________.
A) payee
B) maker
C) bank signatory
D) depositor

Question

Quizplus · Accepted Answer

The party being paid the cash when a check is issued is referred to as the payee. The maker is the person who writes the check, the bank signatory is the authorized individual who can sign checks on behalf of the bank, and the depositor is the person who is depositing the check into their account.

When a Check Is Issued,the Party Being Paid the Cash