There Are Three Parties to a Check

question 24

Multiple Choice

There are three parties to a check.The person who signs the check is the:

• A)maker.
• B)payee.
• C)draftee.
• D)promisee.

Understand the concept of the selection effect in forming friendships during adolescence.

Recognize changes in physical development and sensory abilities through different life stages.

Identify cultural and historical shifts in milestones such as marriage and adulthood.

Understand the impact of aging on the immune system and health.

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Definitions:

Indefinite Period

A time span without a specified end date.

Merger Clause

A contract clause providing that the written contract is the complete expression of the parties’ agreement. Also called integration clause.

Integration Clause

A provision in a contract that declares it to be the complete and final agreement between the parties, superseding all prior discussions or agreements.

Statute of Frauds

A legal principle requiring certain types of contracts to be executed in writing and signed by all parties to be enforceable.