Parties to a Check Neville had a checking account at her loc
Parties to a Check Neville had a checking account at her local bank. She wrote out a check to Shin, a maintenance worker, in payment for services he had provided.
a. Is Neville the drawee? b. Is Shin the drawee? c. Is her bank the drawee?
Answer A B & C. with a yes or no
Solution
In case of check drawee is always bank. And the person who draw or fill the check detail os drawer and the person who will get payment is known as payee.
The drawer writes the various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay that person or company the amount of money stated.
A) No, navilee is drawer.
B) No, shin is the payee.
C) yes, bank is drawee
