The Person or Company to Whom a Cheque Is Payable

question 145

Multiple Choice

The person or company to whom a cheque is payable is called the

• A) payer.
• B) drawer.
• C) drawee.
• D) payee.

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Definitions:

Omit Others

To leave out or exclude additional individuals or items from consideration or action.

Exerting

Applying effort, influence, or pressure to achieve a particular outcome.

Represented

Being acted on or spoken for by another, especially in a legal or professional context.

Policy-Making

is the process by which governments, organizations, or other groups develop and implement rules, laws, or guidelines to govern or guide behavior.