Raj receives a check for $100 from Sheldon.He signs the back of the check and turns it over to Leo to pay off the $100 he owed Leo.In this case,Raj is the ________.

Name: Raj receives a check for $100 from Sheldon.He signs the back of the check and turns it over to Leo to pay off the $100 he owed Leo.In this case,Raj is the ________.
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Question

Quizplus · Accepted Answer

Raj is the indorser because he signed the back of the check to transfer it to Leo.

Raj Receives a Check for $100 from Sheldon