An indorsement is the signature of the
A)drawer.
B)payer.
C)issuer.
D)payee.

Question

Quizplus · Accepted Answer

An indorsement is the signature or endorsement of the payee on the back of a check, which transfers the right to receive payment to another party. Therefore, the correct answer is the payee, option D. The drawer is the person who writes the check, the payer is the person who will pay the check, and the issuer is the entity responsible for creating the check, such as a bank.

An Indorsement Is the Signature of the