The ____ Agrees to Make the Payment, Such as the Bank

question 59

Multiple Choice

The ____ agrees to make the payment, such as the bank making a payment based on a document presented to it.

• A) drawee
• B) drawer
• C) payee
• D) checker
• E) beneficiary

---

Definitions:

Reflexive Schemas

Cognitive structures that enable individuals to reflect on, adjust, and organize their thoughts and experiences.

Goal-directed Behavior

Actions taken with the intention of achieving a specific outcome or objective.

Assimilation

In Piaget’s theory, the process by which new experiences are interpreted and integrated into preexisting schemas.

Preexisting Idea

An idea or belief that was formed before being exposed to new information or experiences.