A Company Check for Payment Must Be Signed By

question 148

Multiple Choice

A company check for payment must be signed by:

• A) any employee of the company.
• B) a bank employee.
• C) a person specifically authorized by the company.
• D) the external auditor.

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Definitions:

Claim

A demand or assertion by one party seeking to enforce their rights or seeking a remedy from another party, typically in a legal context.

Finder

A person who discovers something, especially lost or abandoned property, and may have certain legal rights or obligations regarding its custody and disposal.

Original Owner

The first or initial owner of an item or property.

Primarily Contractual

Pertaining mainly to agreements made between parties that are enforceable by law.