There Are Three (3)parties to an Ordinary Check: (1)the ________,The

question 40

Multiple Choice

There are three (3) parties to an ordinary check: (1) the ________,the customer who maintains the checking account and writes checks against the account; (2) the ________,the bank on which the check is drawn; and (3) the ________,the party to whom a check is written.

• A) payee; drawer; drawee
• B) payee; drawee; drawer
• C) drawer; payee; drawee
• D) drawee; payee; drawer
• E) drawer; drawee; payee

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Definitions:

Random Sample

A subset of individuals chosen from a larger set, or population, where each individual has an equal probability of being selected.

Luggage Recovery

The process of locating and returning lost or misplaced bags to their rightful owners by airlines or airports.

Airline

A company that provides air transport services for traveling passengers and freight.

Consumer Group

A collection of individuals or households that share similar purchasing behaviors or characteristics.