Which of the following features of a check indicates who is to receive the funds?
A)the bearer
B)the signature
C) the payee
D) the memo

Question

Quizplus · Accepted Answer

The payee is the name of the person or entity who is authorized to receive the funds. The signature and memo may provide additional information, but they do not indicate who is to receive the funds. The bearer refers to the person who physically holds the check.

Which of the Following Features of a Check Indicates Who